HC Deb 18 February 1980 vol 979 c53W
Mr. Craigen

asked the Chancellor of the Exchequer what increase would be necessary in the £5,000 maximum shareholding a member may have in a society registered under the Industrial and Provident Societies Acts, to compensate for the decrease in the value of money since the present figure was determined in 1975.

Mr. Lawson

The increase would be £3,800, calculated by reference to the retail price index as at mid-January 1980.