Clause 3 — (Rights of owners of certain endowment policies).

Part of Orders of the Day — Industrial Assurance and Friendly Societies Bill. – in the House of Commons on 15th March 1929.

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Photo of Sir Basil Peto Sir Basil Peto , Barnstaple

I was under the impression, perhaps wrongly, that this Bill was limited to that period, and dealt only with lapsed policies since 31st December, 1923. Therefore, policies going back to the remote period suggested by the Attorney-General would not be covered by my Amendment. It only applies to policies coming "under the provisions of this Act".