§ Mr. SteenTo ask the Chancellor of the Exchequer what is the estimated annual saving to business from the Deregulation (Industrial and Provident Societies) Order 1996. [13204]
§ Mrs. Angela KnightSmaller societies should save an estimated £3 million a year from the increase in the threshold for a full, professional annual audit.
The longer period within which accounts can be prepared should also lead to savings, but these are more difficult to quantify.