Us Sarabaness-Oxley Act Mr. Austin Mitchell To ask the Secretary of State for Trade and Industry what study she has made of the effect of the US Sarbanes-Oxley Act 2002 on British companies operating in the USA; and what representations she has made to US authorities on this issue. [100755] Miss Melanie Johnson There has been dialogue with the major business representative organisations and with various individual companies on the impact of the US Act on British companies. We have made representations at Ministerial and official levels on all aspects of the Act to the US authorities, and I raised the issue with Senators, the Securities and Exchange Commission, the Public Company Accounting Oversight Board and the New York Stock Exchange-------------------------------------------------------------------------------------- |TOC |Manufacturer|Date of order |Status of order | -------------------------------------------------------------------------------------- |Anglia Railways |Adtranz |March 1998 |Completed | -------------------------------------------------------------------------------------- |Anglia Railways |Bombardier |January 2002 |Completed | -------------------------------------------------------------------------------------- |Arriva Trains Northern|Siemens |February 1998 |Completed | -------------------------------------------------------------------------------------- |Arriva Trains Northern|Siemens |May 2000 |Completed | -------------------------------------------------------------------------------------- |Arriva Trains Northern|Siemens |November 2001 |Delivery to start from July 2003 | -------------------------------------------------------------------------------------- |C2c |Adtranz |June 1997 |Completed | -------------------------------------------------------------------------------------- |C2c |Bombardier |June 2000 |Completed | -------------------------------------------------------------------------------------- |Central Trains |Adtranz |May 1998 |Completed | -------------------------------------------------------------------------------------- |Central Trains |Adtranz |May 1998 |Completed | -------------------------------------------------------------------------------------- |Central Trains |Adtranz |August 1998 |Completed | -------------------------------------------------------------------------------------- |Chiltern Railway |Adtranz |August 1996 |Completed | -------------------------------------------------------------------------------------- |Chiltern Railway |Adtranz |April 1998 |Completed | -------------------------------------------------------------------------------------- |Chiltern Railway |Adtranz |June 1999 |Completed | -------------------------------------------------------------------------------------- |Chiltern Railway |Adtranz |August 2000 |Completed | -------------------------------------------------------------------------------------- |Chiltern Railway |Bombardier |September 2001|Completed | -------------------------------------------------------------------------------------- |Connex South Eastern |Bombardier |July 1997 |Delivery begun | -------------------------------------------------------------------------------------- |Connex South Eastern |Bombardier |July 1998 |Delivery begun | -------------------------------------------------------------------------------------- |Connex South Eastern |Bombardier |July 1998 |Delivery begun | -------------------------------------------------------------------------------------- |Connex South Eastern |Bombardier |June 2002 |Delivery to start From July 2003 | -------------------------------------------------------------------------------------- |Connex South Eastern |Bombardier |July 2002 |Delivery to start from July 2004 | -------------------------------------------------------------------------------------- |First Great Eastern |Siemens |May 2001 |Delivery to start from April 2003| -------------------------------------------------------------------------------------- |First Great Western |Alstom |April 1998 |Completed | -------------------------------------------------------------------------------------- |First Great Western |Alstom |June 1999 |Delivery begun | -------------------------------------------------------------------------------------- |First North Western |Alstom |April 1998 |Completed | -------------------------------------------------------------------------------------- |Gatwick Express |Alstom |January 1998 |Completed | -------------------------------------------------------------------------------------- |Midland Mainline |Adtranz |October 1997 |Completed | -------------------------------------------------------------------------------------- |Midland Mainline |Adtranz |February 2001 |Completed | -------------------------------------------------------------------------------------- |Midland Mainline |Bombardier |January 2002 |Delivery to start from April 2004| -------------------------------------------------------------------------------------- |ScotRail |Adtranz |March 1998 |Completed | -------------------------------------------------------------------------------------- |ScotRail |Adtranz |April 1998 |Completed | -------------------------------------------------------------------------------------- |ScotRail |Adtranz |August 1999 |Completed | -------------------------------------------------------------------------------------- |ScotRail |Adtranz |August 1999 |Completed | -------------------------------------------------------------------------------------- |ScotRail |Alstom |March 1998 |Completed | -------------------------------------------------------------------------------------- |South Central |Bombardier |August 2001 |Delivery begun | -------------------------------------------------------------------------------------- |South Central |Bombardier |August 2001 |Delivery to begin April 2003 | -------------------------------------------------------------------------------------- |South Central |Bombardier |March 2002 |Delivery to begin April 2004 | -------------------------------------------------------------------------------------- during a visit to Washington and New York last month. We have also supported the European Commission in their representations to the US on the issue.