§ 33. Mr. Rhys Daviesasked the President of the Board of Trade how many prosecutions have been instituted for infringements of Section 145 of the Companies Act, 1929; and what steps are usually adopted to see that the provisions of this Section are implemented?
§ Mr. DaltonProceedings have been instituted, or initiated, by the Board of Trade against 172 persons in respect of 73 companies for infringement of this Section. The Board investigate all cases brought to their notice in which it is alleged that the Section has been infringed. The usual procedure is to bring the complaint to the notice of the company concerned. Proceedings are instituted only in serious cases or when a warning has been disregarded.
§ Mr. DaviesIs it not a fact that this piece of legislation is not implemented in general, and, if I give my right hon. Friend a batch of documents, will he look at them?
§ Mr. DaltonI shall be very glad to study any papers my hon. Friend gives me, but my own understanding is that this Section is faithfully carried out by the vast majority of those concerned.