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Industrial And Provident Societies

Volume 412: debated on Wednesday 29 October 2003

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To ask the Secretary of State for Trade and Industry (1) what consideration was given in the company law review to bringing the audit requirements for industrial and provident societies in line with those of registered companies; [135114](2) what consideration was given in the company law review to amending the requirement that obliges industrial and provident societies wanting to publish interim accounts to undertake a full audit. [135131]

The remit of the company law review did not extend to industrial and provident societies.The Treasury will consider the modernisation of industrial and provident society legislation in the light of the proposed reform of company law.