HC Deb 22 June 1993 vol 227 c93W
Mr. Tim Smith

To ask the Chancellor of the Exchequer what information he has about the costs to date of the proposed personal investment authority.

Mr. Nelson

[holding answer 16 June 1993]: The PIA is a company limited by guarantee which will be applying to the Securities and Investments Board for recognition as a self-regulating organisation under the Financial Services Act. The costs to date are a matter for the company.

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