§ Mr. Iain Millsasked the Minister for Trade if he is yet able to consider introducing further legislation on the financial obligations of limited liability company directors when their companies move into liquidation.
§ Dr. VaughanThis matter was among those considered by the insolvency law review committee and the Government have accepted the general principles underlying that committee's report. Urgent consideration454W is being given to the programme of legislation which would be needed to provide a modern body of insolvency law. I cannot say when that will be introduced.