§ MR. ADDISON (Ashton-under-Lyne)
asked the Secretary to the Board of Trade, Whether the Government have prepared any legislation to remedy the defects of the Limited Liability Acts; and, whether he is prepared, early in the next Session of Parliament, to bring in a Bill dealing with the different 269 matters complained of in the working of these Acts?
§ THE SECRETARY (Baron HENRY DE WORMS) (Liverpool, East Toxteth)
A Bill was drafted dealing with the defects of the existing law, which seemed to require the most urgent attention. The period of the Session when it was possible to take action did not admit of any attempt at consolidation; and when the draft measure came to be considered it was obvious that it would be necessary to proceed with great care, the subject being very complicated and of grave importance. It was, therefore, thought better to proceed only with a complete measure. It is intended that such a Bill as that indicated by the hon. and learned Member shall be introduced early in the next Session.