HC Deb 06 May 1975 vol 891 cc433-4W
Mr. Ernest G. Perry

asked the Secretary of State for Trade whether, in view of the established assets of Nation Life Insurance Company, he will ask for an interim payment of 50 per cent. of the sum insured to be paid to individual policyholders of that company.

January 1974 and 18th March 1975 was made up as follows:

Mr. Clinton Davis

No. The payments of dividends to the creditors, including policyholders, is a matter for the liquidator, who is seeking the directions of the court on the bases to be used in calculating their claims. I am sure he will do all he can to hasten an interim distribution.

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