asked the Chancellor of the Exchequer whether any improvements are contemplated in the design and information demanded from form AR11 (annual return) in connection with information from building societies; and whether any consultative processes will take place before any changes are implemented.
The form of, and particulars to be contained in, the annual returns to be completed by building societies are kept constantly under review, and certain changes and additions are included in the Building Societies (Accounts and Annual Return) Regulations 1981 (S.I. 1981 No. 1497) which was laid before Parliament on 4 November 1981. These regulations will apply to the annual return for any financial year of a building society ending on or after 31 December 1981. In preparing these revised regulations consultations have been held with the Building Societies Association and the Consultative Committee of Accountancy Bodies.