§ Mr. Stonehouseasked the Secretary of State for Trade (1) on what precise date police were given details of the inspector's report and extracts from the transcript of evidence in connection with the London and County Securities Group Limited investigations; on what precise date the individuals concerned were advised of such action; and on what date their permission was received for the release of such information;
159W(2) whether solicitors acting for individuals named in the London and County Securities Group Limited report were given the details of evidence at the same time as this was supplied to the police or at any time.
§ Mr. Clinton DavisOn 20th September 1974 the police were advised of the information submitted by the inspectors in pursuance of Section 41 of the Companies Act 1967 and were given copies of relevant transcripts of evidence.
As I informed the hon. Member on 3rd February 1976, information obtained as a result of inquiries under the Companies Acts 1948 and 1967 is provided only in accordance with the provisions of those Acts. The individuals concerned were not notified, since there is no requirement to notify individuals or their solicitors or to seek their consent.