HC Deb 20 October 1932 vol 269 c320
54. Mr. LEONARD

asked the President of the Board of Trade whether, in view of events since the passing of the Companies Act, 1929, and the necessity for a statutory requirement that companies should produce a sufficiently detailed profit-and-loss account as will show clearly and correctly the true profits of the company or companies, he will undertake to introduce legislation at an early date amending Section 123 of the Companies Act, 1929, accordingly?

Mr. RUNCIMAN

cannot undertake to introduce amending legislation, but the hon. Member's suggestion has been noted for investigation when the question of the amendment of the Companies Act is under consideration.