§ Mr. Brightasked the Secretary of State for Trade and Industry if the form of the consolidation of the Companies Acts has been decided.
§ Mr. Alexander FletcherYes. The consultations on the form of the consolidation showed a substantial preference for a principal Act covering the general span of company law. The Bills to be introduced later this Session will accordingly be a Companies Bill, comprising the great bulk of company law, including the Companies (Floating Charges and Receivers) (Scotland) Act 1972, an insider dealing Bill, a business names Bill and a consequential provisions Bill, dealing with technical and transitional aspects. It is envisaged that each Bill, when enacted, would be published separately, and that the main Bill would be published in one volume.