§ Mr. SheermanTo ask the Chancellor of the Exchequer what assessment he has conducted of the value derived by members of mutual organisations from the process of demutualisation. [166732]
§ Ruth KellyMutuality is fundamentally about members' rights to say how their organisation is governed. These rights include the right to vote to demutualise the society. It is for members to consider whether demutualisation is in their interests, taking into account the seriousness and irrevocability of the decision.