§ Mr. Cousins
To ask the Secretary of State for Trade and Industry what independent advice he proposes to seek in evaluating whether the Chartered Institute of Accountants in England and Wales is a fit body to exercise supervisory powers under the Companies Act 1989.
§ Mr. Redwood
[holding answer 29 October 1990]: My right hon. Friend will carry out such consultation as he 434W thinks necessary to enable him to reach a view on any application for recognition as a supervisory body under the Companies Act 1989.