§ Mr. Sean HughesTo ask the Chancellor of the Exchequer what since its inception has been the total cost of administering the Building Societies Commission.
§ Mr. LilleyBetween 25 September 1986, when the Building Societies Commission was constituted, and 31 March 1988, it is estimated that gross expenditure by the Commission will be about £3 million. This cost is met by a general charge levied on building societies together with fees for specific activities.