PARLIAMENTARY WRITTEN QUESTION
Mutuals' Deferred Shares Act 2015 (9 March 2016)
Question Asked
To ask Mr Chancellor of the Exchequer, when he plans to consult on the draft Regulations to implement the Mutuals' Deferred Shares Act 2015; and if he will make a statement.
Asked by:
Gareth Thomas (Labour)
Asked by:
Gareth Thomas (Labour)
Answer
The Government has been working closely with the mutual insurance industry and the financial regulators to inform the development of regulations to implement the Mutuals’ Deferred Shares Act. The Government expects to publish draft regulations for consultation in due course.
Answered by:
Dame Harriett Baldwin (Conservative)
14 March 2016
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