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Insurance: Freight

Volume 463: debated on Thursday 19 July 2007

To ask the Chancellor of the Exchequer further to the publication of ‘Deregulating freight forwarding resource: Summary of responses, June 2007’, when he plans to bring forward the final text of the statutory instrument; and when he expects its provisions to come into force. (149557)

This measure will remove the insurance activities of freight forwarders and storage firms from the scope of Financial Services Authority regulation. The measure will be implemented by Statutory Instrument (SI) 2007/1821, which will come into force on 20 July 2007, subject to parliamentary approval. The SI is available from the Office of Public Sector Information (OPSI) website.