§ Mr. Cantasked the Secretary of State for Trade and Industry (1) if, in his review of company law, he will consider the introduction of methods such as those employed in the United States of America, a system of contingency fees, details of which are in his possession, in order to reduce the cost of prosecution to the investor;
(2) whether, in his review of company law, he will investigate methods of making prosecutions easier to institute, and the adequacy of existing penalties.
§ Mr. RidleyThe question of the penalties for breaches of the provisions of the Companies Acts will be among the matters which we shall consider. The procedures for instituting prosecutions or civil proceedings and the expenses involved are not matters for company law.