§ Mr. FOOTasked the President of the Board of Trade whether, seeing that the Board was advised in the year 1909 that a company can comply with Section 26 (3) of the Companies (Consolidation) Act, 1908, by filing the same statement in the form of a balance sheet year after year, and that the then President of the Board in 1919 admitted that it was a serious blemish in the law which, with several other points, would require attention at an early date, he will say whether the Board now proposes to introduce a Bill dealing with these matters?
Mr. WEBBThe matter to which the hon. Member has drawn attention has been noted for consideration in the event of legislation being introduced to amend the Companies Acts, but it will not be possible to introduce such legislation at present.