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Unemployment Benefit Fund

Volume 486: debated on Tuesday 10 April 1951

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51.

asked the Chancellor of the Exchequer what is the total reserve of the Unemployment Benefit Fund; in what securities it is invested; and what sums are invested in each security.

Under the National Insurance Act, 1946, the Unemployment Benefit Fund was absorbed into the two National Insurance Funds. I would refer the hon. Member to the statutory accounts relating to the latter funds which are laid before Parliament annually.