HC Deb 01 March 1990 vol 168 cc294-5W
Mr. Austin Mitchell

To ask the Secretary of State for Trade and Industry whether he will seek to amend the Companies Act 1989 so as to require companies' annual returns to state whether or not a close personal relationship exists between the auditor and any officer of a company.

Mr. Redwood

No. The professional rules that the relevant supervisory bodies are required to have under the Companies Act 1989 are sufficient to provide against conflicts of interest.