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Written question asked by Alan Simpson (Labour), in the House of Commons. It was due for an answer on Friday, 10 May 1996. It was answered by Alistair Burt (Conservative) on Friday, 10 May 1996 on behalf of the Department of Social Security.


Dept of Social Security

Question
What assessment he has made of whether the financial reserves of Motability Finance Limited are being fully used to the benefit of its customers.
Answer

Mr. Simpson: To ask the Secretary of State for Social Security what assessment he has made of whether the financial reserves of Motability Finance Ltd. are being fully used to the benefit of its customers.[27716] Mr. Burt: Financial reserves are maintained by Motability Finance Ltd. as a normal business measure to safeguard the operation of the Motability schemes.


Secondary information

Type
Written question
Reference
27716; 277 c276W
Session
1995-96
Subjects
Finance Motability Finance