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Nation Life Insurance Co Ltd

Volume 891: debated on Monday 28 April 1975

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asked the Secretary of State for Trade what is his latest estimate of the gross assets of Nation Life.

The officers of the company are required to submit a statement of affairs under Section 235 of the Companies Act 1948 which shall include an estimate of the gross assets. The estimate which has been provided in this case shows gross assets exceeding £25½million.