§ Mr. Douglas-Mannasked the Chancellor of the Exchequer whether he is satisfied that the provisions for tax relief on life insurance are effective to prevent exploitation at the expense of the general taxpayer.
§ Mr. NottAs I informed my hon. Friend the member for Kingston-upon-Thames (Mr. Norman Lamont) on 4th May, my right hon. Friend is considering possible changes in the law relating to tax relief on life insurance.