§ Mr. Moate
asked the Secretary of State for Trade what representations have been made to him by the Fidelity Life Assurance Company for action to be taken in respect of that company under the Policyholders' Protection Act; and if he will make a statement.
§ Mr. Clinton Davis
I understand that an application has been made to the Policyholders Protection Board on behalf of Fidelity Life Assurance Limited for assistance under Section 16 of the Policyholders' Protection Act 1975. It is for the Board to decide whether or not to exercise its powers under these provisions.