§ Mr. Andrew F. Bennettasked the Chancellor of the Exchequer how many people have been paid premium bond prizes incorrectly; and how many people have not received prizes who should have, for each of the last five years.
§ Mr. Ian StewartIt is not possible to say how many people have been paid premium bond prizes incorrectly, since such errors will generally come to light only when revealed by a third party. Any such cases as arise are very few in number and confined to very small prizes. Errors might arise when a bond holder changed address or died without the bonds and stock office being informed. Mistakes are always corrected when discovered. Details of unclaimed prizes are set out in the answer given to the hon. Member for Newham, North-West (Mr. Banks) on 17 February 1987 at columns424–25.