§ Dr. ADDISONasked the Chancellor of the Exchequer whether the word benefits in lines 11 and 12, page 17, Section 18, Sub-section (2) (ii), of the National Insurance Bill, includes, in the case of a society which can otherwise fulfil the conditions of the Bill, the making in accordance with its existing constitution of an annual return in cash to its members of sums contributed by them to the society for the purpose of division, and not being sums contributed under and for the purposes of the Bill; and whether, if the reply to the preceding part of the question be in the 227W affirmative, the word benefits in line 29, page 45, Section 55 (a), would include, in the case of societies whose constitution at the date of the passing of the Bill so permitted, the making of a return in cash of any sums contributed by the members for the purpose of division?
§ Mr. LLOYD GEORGEThe intention of the words in Clause 18 is to exclude profit-making concerns. They are not intended to exclude a society which makes a periodical return of contributions or distribution of cash benefits. The words of Clause 55 would not preclude a distribution in cash benefits of sums contributed for such a purpose, but the intention of the Clause is to forbid the distribution in cash of sums distributed for another purpose.