Policyholders Protection Board

HC Deb 25 February 1976 vol 906 cc211-2W

Mr. Moate

asked the Secretary of State for Trade if he has yet established the

					Imports	Exports
					£ million cif	Thousands	£ million cif	Thousands
1971	…	…	…	…	138.6	236	79.8	217
1972	…	…	…	…	237.9	332	81.0	208
1973	…	…	…	…	307.5	346	110–1	232
1974	…	…	…	…	244.9	248	85.0	159
1975	…	…	…	…	337.4	278	104.9	121

These figures exclude parts supplied for use in manufacture abroad; however, such parts for passenger cars are not

levels of remunerations, if any, for members of the Policyholders Protection Board.

Mr. Clinton Davis

The board has raised the matter with my right hon. Friend, but no decisions have yet been taken.

Mr. Moate

asked the Secretary of State for Trade if he expects to impose a levy on insurance companies as a result of the present activities of the Policyholders Protection Board.

Mr. Clinton Davis

My right hon. Friend has no powers to impose a levy on insurance companies under the Policyholders Protection Act 1975. This is a matter for the Policyholders Protection Board, which, in any case, is not empowered to impose such a levy before 1st April 1976.