HC Deb 08 May 1991 vol 190 c464W
Sir Peter Blaker

To ask the Chancellor of the Exchequer what is the policy of Her Majesty's Government with regard to the reinvestment of £50 prizes won under the premium bond scheme.

Mr. Norman Lamont

I have decided that winners of £50 prizes should be permitted to reinvest them in additional bonds if they so wish. Amendments to the regulations to effect this change will be laid before Parliament shortly.