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Company Accounts

Volume 170: debated on Monday 2 April 1990

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To ask the Secretary of State for Trade and Industry whether he will make it his policy as a condition of recognition to require the accountancy bodies seeking supervisory recognition under the Companies Act 1989 to make the minutes of their council meetings available (a) to their members and (b) to any member of the public on payment of a small fee.

No. It is for a supervisory body itself to decide what arrangements are appropriate for informing its members and the public about its proceedings.

To ask the Secretary of State for Trade and Industry whether his Department has any plans to legislate to strengthen controls over auditors establishing whether or not a business is a going concern.

No. I refer the hon. Member to the answers that I gave to his questions on 5 March at column 415 and 27 March at column 125.