§ Sir HAROLD ELVERSTONasked the President of the Board of Trade whether he has noticed that Messrs. Cole, Dickin and Hills, the auditors of the United Friendly Insurance Company, Limited, state in their certificate that they are unable to certify that no part of the Bond Investment Fund has been applied directly or indirectly for any purpose other than the class of business to which it is applicable; and whether, in view of the provisions of the Assurance Companies Act of 1909, he is prepared to take any action against the officials of the United Friendly Insurance Company, Limited?
§ Mr. BURNSI am aware of the terms of the certificate of the auditors of the United Friendly Insurance Company, Limited, referred to by my hon. Friend. I am considering what steps should be taken in the matter.