§ Mr. Dellasked the Secretary of State for Trade and Industry what further administrative action he now proposes to take to strengthen his Department's exercise of its supervisory functions under Part II of the Companies Act, 1967.
§ Mr. RidleyAs my right hon. Friend informed my hon. Friend the Member for Leicester, South-West (Mr. Tom Boardman) on 10th March, he is examining the adequacy of the controls applic-208W able to insurers under the existing legislation and of the procedures and staffing arrangements for administering those controls. A review of this kind inevitably takes some time.—[Vol. 813, c. 138–9.]