HC Deb 06 June 1985 vol 80 cc249-50W
Mr. Teddy Taylor

asked the Chancellor of the Exchequer how many persons have resigned from the programming and experts computer sections of the computer services division of Customs and Excise headquarters in Southend in each of the past three years; and if he will make a statement.

Mr. Hayhoe

[pursuant to his reply, 5 June 1985, c.l73]: The numbers of resignations amongst the programming and operational staff employed in computer services division in Customs and Excise headquarters at Southend in each of the last three financial years are: minimum shareholding of £100 will be required for the exercise of rights as a member. Directors of building societies will be able to continue in office after the age of 70 only if their appointment is confirmed by special resolution at successive annual general meetings. There will be a procedure under which individual building societies may convert to company status with the approval of their members.

On the prudential supervision of societies, the legislation to be introduced by the Government will generally reflect the Green Paper proposals. Shares and deposits with all authorised societies will be treated as trustee investments under the Trustee Investments Act 1961.

On a number of matters, including those relating to conveyancing, decisions remain to be taken.