§ 47. Sir J. NORTON-GRIFFITHSasked the Chancellor of the Exchequer whether, in view of a Treasury Minute of 1920 restricting the appointments of public auditors under the Industrial and Friendly Societies Acts, 1893 and 1896, to members of the Institute of Chartered Accountants and of the Society of Incorporated Accountants, he will consider the desirability of withdrawing such restrictions, having regard to the existence of other associations of accountants of efficiency and repute?
Mr. YOUNGIn making the rule in question the Treasury followed the precedent set by Parliament in recent legislation, and it would not be in the public interest to alter the present practice.
§ Sir J. NORTON-GRIFFITHSIs the right hon. Gentleman aware that the London Association of Accountants are a very responsible body, and, in view of that fact, will he not reconsider the matter?
Mr. YOUNGI am well aware of the status of the body referred to, but, in view of the precedents in legislation and the recommendations of the Committee of this House, I think that the conclusion to which my right hon. Friend has come should stand.