Building Society Holdings (Information)

Part of Oral Answers to Questions — National Finance – in the House of Commons at 12:00 am on 9th March 1965.

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Photo of Mr William Shepherd Mr William Shepherd , Cheadle 12:00 am, 9th March 1965

asked the Chancellor of the Exchequer if building societies who are required to supply details of individual holdings in their societies to the Inland Revenue are made aware that the information, supplied for averaging purposes, can be and is used for the purpose of checking individual holdings, and can lead to prosecutions against members.