HC Deb 11 March 1930 vol 236 c1120W

asked the President of the Board of Trade whether, in view of the accumulation of evidence that the Companies Act, 1929, does not give adequate protection to the public, he will-take steps to introduce a short agreed amending Bill to remedy the weaknesses which have been disclosed in the 1929 Act?


The Act came into operation only on 1st November last, and I think that it would be desirable to have further experience of its working before taking steps with a view to its amendment. If, however, the right hon. Gentleman will let me have his suggestions, I will note them for investigation when the desirability of introducing amending legislation is being considered.