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Companies Acts (Inquiries)

Volume 986: debated on Friday 20 June 1980

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asked the Secretary of State for Trade, if, in view of delays in his Department's investigations into companies under the Companies Acts, he will bring forward proposals to speed up such inquiries ; and if he will consider the appointment, where appropriate, of solicitors in place of barristers as inspectors to act jointly with accountants.

As regards my proposals for the inspection system generally, I refer my hon. Friend to my reply to the right hon. Member for Crosby (Sir. G. Page) on 19 May.—[Vol. 985, c. 15.] I do not exclude the possibility of appointing solicitors as inspectors in appropriate cases.