Early day motion tabled by primary sponsor Lord Hain (Labour), on Wednesday, 16 March 1994, in the House of Commons. It is signed by 30 members in total.

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LLOYD'S NAMES AND THE REGISTRATION OF MEMBERS' INTERESTS (No. 2)

That this House, recalling the Times report of 22nd January 1986 that a Conservative Minister, the honourable Member for North Wiltshire, had heavy losses paid for by parties within Lloyd's and believing that honourable Members should not be given beneficial treatment unavailable to their constituents driven to destitution, bankruptcy and even suicide by similar losses, condemns the decision of at least 12 honourable Members to refuse to disclose their membership on Lloyd's syndicates in the 1994 Register of Members' Interests which, by keeping secret their liabilities, alarms those both inside and outside this House that another special arrangement is being made to alleviate the liabilities of honourable Members alone, therefore avoiding possible bankruptcies and subsequent by-elections; and believes that, because of their refusal, information from Lloyd's Blue Books and the independent Chatset league tables estimating potential Lloyd's losses, using the average premium per member of each syndicate in the absence of a disclosed figure, should be revealed showing combined losses of over ??6 million for the honourable Member for Holland with Boston, the honourable Member for Finchley, the honourable Member for Romsey and Waterside, the Right honourable Member for Old Bexley and Sidcup, the honourable Member for North Norfolk, the Right honourable Member for Wirral West, the honourable Member for Stroud, the honourable Member for North Wiltshire, the honourable Member for South Hams, the honourable Member for Bosworth and the honourable Member for Weston-Super-Mare.

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Secondary information

Type

Early day motion

Reference

874 

Session

1993-94

Subjects

Disclosure of information Members' interests Lloyds of London

Link

View this Early day motion on www.parliament.uk