HC Deb 13 January 2000 vol 342 c232W
Sir Teddy Taylor

To ask the Chancellor of the Exchequer if he will issue information to the public on the rights and entitlements of policy holders and borrowers from mutual societies in relation to the disposal and ownership of these organisations. [104521]

Miss Melanie Johnson

Mutuals can take a variety of legal forms. Entitlements to distributions on a winding-up, merger, or conversion are matters for each mutual to determine.