HC Deb 10 February 1983 vol 36 cc450-1W
Mr. Weetch

asked the Minister for Trade (1) what stage his Department has reached in its study of the Cork report on insolvency law and practice; and whether he will make a statement;

(2) if he will introduce legislation to implement the recommendations put forward in the Cork report on insolvency law and practice; and whether he will make a statement:

(3) what representations and comments his Department has received in regard to the Cork report on insolvency law and practice; and whether he will make a statement.

Dr. Vaughan

Since the publication of the report many representative bodies, and others interested, have sent in comments on the committee's recommendations. The comments are being analysed and collated so that we may give further detailed consideration of the report.

Following recent discussions between Sir Kenneth Cork and my officials I am hopeful that I shall soon be able to indicate whether any particular recommendations can be dealt with in advance of the major legislation which would be required to implement the main body of the report.