§ Mr. WattsTo ask the Chancellor of the Exchequer when he will lay a statutory instrument before the House under section 119 of the Building Societies Act 1986 defining deferred shares and the terms on which they are issued.
§ Mr. Lilley[holding answer 12 December 1988]I expect to lay an order under Section 119(1) of the Building Societies Act 1986, together with a consequential order under section 45(5), early in the new year.