§ Sir B. Rhys Williamsasked the Secretary of State for Trade and Industry what recent consultations he has held in regard to the reform of company law; and what recent representations he has received.
§ Sir G. HoweI have consulted a wide range of interested parties and representative organisations concerned with the operation of company law. They are providing many comments and proposals which are being carefully examined in my Department.
§ Sir B. Rhys Williamsasked the Secretary of State for Trade and Industry if he will publish a Green Paper embodying his proposals to reform company law; and if he will make a statement.
§ Sir G. HoweI hope to make known in due course and in an appropriate form my proposals for reform of company law.
§ Sir B. Rhys Williamsasked the Secretary of State for Trade and Industry if he will seek powers to make the management audit a statutory requirement for public companies.
§ Sir G. HoweI will take into account, in my review of company law, proposals of various kinds for improving the efficiency of company management.
§ Sir B. Rhys Williamsasked the Secretary of State for Trade and Industry if he will seek to reform the law in regard to insider trading.
§ Sir G. HoweI hope to make provision in a companies Bill for dealing with problems of insider trading.