HC Deb 01 August 1923 vol 167 c1529W
Mr. D. SOMERVILLE

asked the Financial Secretary to the Treasury whether, for the information of industrial assurance policyholders, he proposes to publish without delay the names of those collecting societies which have made the required deposit of £20,000; and whether, in view of the value of the official examination of the annual accounts of such societies, he will arrange for an early Report thereon to be made public each year?

Sir W. JOYNSON-HICKS

Section 7 of the Industrial Assurance Act which requires the deposit of £20,000 to be made allows existing societies until the 1st January, 1924, to make the deposit. The Commissioner will issue a complete list of societies which make the deposit in his first Report early in 1924 under Section 44 of the Act. If before the publication of this Report anyone wishes to know whether any particular society has made the deposit, the information can be obtained from an inspection of the file of the society at the office of the Commissioner. The answer to the second part of the question is in the affirmative.