HC Deb 20 November 1962 vol 667 cc996-7
26. Mr. P. Browne

asked the President of the Board of Trade if he will introduce legislation during this session to amend the Companies Act, 1948, so as to control solicitation of money from the public.

Mr. D. Price

Legislation will be introduced as soon as the parliamentary programme permits.

Mr. Browne

In view of the fact that my hon. Friend was sponsor to a Bill which I introduced in March, 1960, when the Economic Secretary told me that he hoped that legislation would be introduced during the next Session because the matter was urgent, would he please tell me what as soon "as possible" means?

Mr. Price

My hon. Friend is old enough in the House to put his own interpretation on it. I can assure him that the delay is not due to the difficulty of framing legislation but to the difficulty of finding Parliamentary time.

Mr. F. M. Bennett

Does the Minister appreciate that the Bill to which he originally gave his support may now be reintroduced by my hon. Friend the Member for Torrington (Mr. P. Browne) and myself in the form of private legislation and that our intentions in the matter will be very much affected by how soon "as soon as possible" is?

Mr. Price

I shall communicate my hon. Friends anxiety to the Leader of the House.

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