§ Mr. CousinsTo ask the Secretary of State for Trade and Industry what representations he has received proposing the introduction of procedures equivalent to chapter II of the United States bankruptcy code into British insolvency law.
§ Mr. Redwood[holding answer 11 December 1990]: I have received no such representations. The effectiveness of United States procedures is sometimes discussed with officials of the Insolvency Service Executive Agency by some of those who are interested in the development of insolvency policy.
§ Mr. CousinsTo ask the Secretary of State for Trade and Industry whether he proposes to review the working of the Insolvency Act.
§ Mr. Redwood[holding answer 11 December 1990]: The working of the Insolvency Act 1986 is kept under review by the Insolvency Service Executive Agency.