§ Mr. Austin MitchellTo ask the Secretary of State for Trade and Industry if he will bring forward legislation to require firms auditing a public limited company to file information with regulatory bodies.
§ Mr. RedwoodWe have no such plans. However, I expect that all applications for recognition from supervisory bodies for auditors under the Companies Act 1989 will include requirements as to the filing of information with them by audit firms.
§ Mr. Austin MitchellTo ask the Secretary of State for Trade and Industry whether his Department makes any financial contribution towards the running of the Auditing Practices Committee.
§ Mr. RedwoodNo.