Debate on the Address

The issue that particularly concerns me about Farepak is that the deposited money should have been on trust. If it were a firm of solicitors—or one of the many financial institutions that are regulated in this way—the money would be held on trust, and would be deemed to be a different type of money from the ordinary assets of the company. The banks would therefore be in error in taking the money to settle other debts. Therefore, I share the concern that has been expressed.