§ Judy Mallaber
To ask the Secretary of State for Trade and Industry what action he can take against company directors who operate a savings club for employees but do not open a separate savings account so that employees' savings are protected if that firm goes into liquidation. 
§ Dr. Howells
In the event of a company being placed in liquidation, the conduct of its directors would be considered in the light of the Company Directors Disqualification Act 1986. Failing to protect employees' contributions to a savings club would be taken into account in deciding whether or not to bring disqualification proceedings.
If the contributions were to a holiday club the Secretary of State might be able to make payments to employees under section 184 of the Employment Rights Act 1996.