HC Deb 07 July 1966 vol 731 c662
38. Mr. Patrick Jenkin

asked the President of the Board of Trade what consultations he intends to hold with representatives of industry, the professions and financial institutions on his proposals for reforming company law.

The Minister of State, Board of Trade (Mr. George Darling)

The proposals will be drawn up in the light of the Report of the Jenkins Committee which took evidence from representative associations. I am ready to undertake further consultations with such associations where appropriate, but I cannot yet indicate what these consultations will be.

Mr. Jenkin

Will the Minister of State recognise that there has been a considerable change in the view on many matters on which Jenkins reported since the date of that Report; and that it would be highly desirable before further company legislation was introduced that the most widespread consultation should take place?

Mr. Darling

Yes, Sir. It is perfectly true, and, of course, since the Bill was published representations have been made to us which we are taking into consideration.