§ Mr. RHYS DAVIESasked the President of the Board of Trade whether he will consider making it compulsory for limited liability companies to show in their balance sheets the market value of ther concerns, including investments, at the date when the balance sheet is drawn, and not the value at the time of the purchase of such assets?
§ Dr. BURGINSection 124 (1) of the Companies Act, 1929, provides that the balance sheet shall show the assets of a company with such particulars as are necessary to distinguish between the amounts respectively of the fixed assets and of the floating assets, and shall state how the values of the fixed assets have been arrived at. The hon. Member's suggestion that further particulars should be required has been noted for investigation when the question of the amendment of the Companies Act is under consideration.