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Chartered Accountants

Volume 174: debated on Thursday 14 June 1990

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To ask the Secretary of State for Trade and Industry what plans his Department has for fresh legislation to cover the chartered accountants profession; and if he will make a statement.

We have no plans to legislate in respect of chartered accountants in particular or the accountancy profession in general. However, the implementation of part II of the Companies Act 1989 and of Directive 89/48/EEC on the mutual recognition of professional qualifications will affect parts of the accountancy profession, including chartered accountants.