§ Mr. Gareth Wardell
To ask the President of the Board of Trade if he will outline (i) the options available to him and (ii) the action he intends to take following the report of inspectors appointed by him to investigate the Milford Docks Company under section 432(2) of the Companies Act 1985.
§ Mr. Neil Hamilton
The report of the Milford inspectors was published on 16 January 1992 thereby putting the inspectors' findings into the public domain. Copies have been provided to the Institute of Chartered Accountants, the Law Society and the Royal Institution of Chartered Surveyors for them to consider the reported conduct of their members. After considering legal advice it is not proposed to institute proceedings under the Company Directors Disqualification Act 1986.