Investment Account.

Part of Oral Answers to Questions — National Health Insurance. – in the House of Commons on 15th March 1922.

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Photo of Sir Alfred Mond Sir Alfred Mond , Swansea West

I assume that the question refers to the total investments of National Health Insurance Fund moneys made by the National Debt Commissioners, in accordance with Section 54 of the 1911 Act. The amount in question is, approximately, £61,000,000. The hon. Member is doubtless aware that these moneys are held in trust on behalf of the individual approved societies and the various subsidiary funds and accounts of which the National Health Insurance Fund is constituted. There are no moneys in the fund which can be used for any other purposes than those of the individual societies and accounts of whose credits the fund is made up.