§ Mr. Gouldasked the Secretary of State for Trade if he will make a statement about his plans for changes in company law.
§ Mr. DellI am publishing today a White Paper on changes in company law. The White Paper sets out draft clauses which have been prepared to give effect principally to the second EEC directive on company law and to the proposals put forward in the White Paper on the conduct of company directors, which the Government published in November 1977. Because it has not proved possible to find parliamentary time for this legislation in the current session, the Government have decided to publish these draft clauses to provide a longer time for public consideration and consultation than is permitted by the normal parliamentary timetable for legislation.