§ Mr. Timothy Smithasked the Minister for Trade which recommendations of the Insolvency Law and Practice Review Committee he has referred back to Sir Kenneth Cork for his further consideration; and if he will ask Sir Kenneth in making any further proposals to take into account the observations of those invited to comment on the report of the review committee and to include in any further proposals draft clauses for possible inclusion in an insolvency Bill.
§ Dr. VaughanIn recent weeks I and my officials have discussed with Sir Kenneth Cork which recommendations contained in the report of the insolvency law review committee might provide remedies for the abuses of insolvency law about which I am concerned, and which he considers might sensibly be implemented ahead of the generality of the report's recommendations. I have not referred back any recommendations for further consideration but I assure my hon. Friend that throughout our examination of this complex area of the law full account 63W will be taken of the many useful observations I have received, and am receiving, from Sir Kenneth Cork and others.