HC Deb 04 December 2003 vol 415 c118W
Dr. Naysmith

To ask the Secretary of State for Trade and Industry what plans she has in the company law review to ensure that company law and industrial and provident society law are brought into line; and if she will make a statement. [141485]

Jacqui Smith

The Company Law Review (CLR) focussed on core company law and did not extend to industrial and provident societies.

The Industrial and Provident Societies Act 2002 enables the Treasury to update industrial and provident society legislation in line with company law, following a change in company law.

In order to provide for a strategic, consistent and up-to-date approach between companies and societies, the general modernisation of industrial and provident society legislation will be considered by my right hon. Friend the Financial Secretary to the Treasury in the light of new companies legislation following the Company Law Review.

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