§ Dr. Brayasked the Chancellor of the Exchequer (1) whether any legislation he introduces on trustee savings banks will contain provision for the election or appointment of employee-directors on the primary board;
(2) whether any legislation on trustee savings banks will contain provision for any new bank resulting from the merger of trustees savings banks to be protected against takeover.
§ Mr. Ian StewartThe provisions of the Bill will be announced when legislation is brought forward.