HC Deb 23 November 1978 vol 958 cc729-30W
Mr. Tim Smith

asked the Secretary of State for Trade how many unrepealed regulations have been made under section 454(1) of the Companies Act 1948; if he will now make regulations to amend all those figures which constitute disclosure thresholds to restore their real value at the time of their introduction or last amendment; and if he will seek to amend, in particular, section 8 of the Companies Act 1967 (employees receiving more than £10,000 a year), paragraph 13(A)(5) of schedule 8 to the Companies Act 1948 (turnover not in excess of £250,000), and section 6(6) of the Companies Act 1967 (directors' emoluments not in excess of £15,000).

Mr. John Smith

Four.

It is intended to propose amendments to the disclosure thresholds in a consultative document to be published early next year on the implementation of the EEC fourth directive on company accounts and related matters.