§ Mr. Chapmanasked the Chancellor of the Exchequer, further to his Budget Statement, Official Report, 26 March, column 1481, whether a short-term bond proposal accepted by letter from an insurance company dated 25 March 1980 will be affected by the new life assurance premium proposals.
§ Mr. Peter Rees[pursuant to his reply, 8 May 1980, c. 191]: Where a short-term bond proposal has been unconditionally accepted by letter from an insurance company posted before 26 March 1980, any qualifying policy forming part of that bond will not be disqualified from life assurance premium relief.