§ Mr. Michael Morrisasked the Secretary of State for Trade and Industry whether he will introduce legislation to amend the Bankruptcy Acts to allow interest earned on insolvency accounts to be credited to creditors rather than to the Exchequer.
§ Mr. FletcherNo amendment to the bankruptcy legislation concerning payment of interest on funds held in the insolvency services account is envisaged. This was made clear in chapter 8 of the White Paper "A Revised Framework for Insolvency Law", Cmnd 9175 published by the Department of Trade and Industry in February.