§ Mr. Alex CarlileTo ask the Secretary of State for Social Security if he will instruct independent accountants to advise him as to whether the current level of contingency reserves for car leasing held by Motability Finance Ltd. are set at too high a level; and if he will make a statement. [31488]
§ Mr. HagueThe level of contingency reserves held by Motability Finance Ltd. are a matter of discussion between MFL and Motability. The level required is reviewed annually by Motability and MFL. The Secretary of State has asked them to report to him when they are next reviewed.