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Mr. Michael Morris
asked the Secretary of State for Trade (1) when he expects consultation on the White Paper Amendments to the Prevention of Fraud (Investments) Act 1958 to be completed;(2) when he expects to introduce legislation following the White Paper Amendments to the Prevention of Fraud (Investments) Act 1958.
Mr. Clinton Davis
The consultative document "Amendments to the Prevention of Fraud (Investments) Act 1958" (Cmnd 6893) invited written comments by 30th September 1977; about 60 bodies have responded. Work is now in hand on the preparation of amending legislation, but pressure of parliamentary business may not permit its introduction until the next Session.