HC Deb 08 June 1992 vol 209 c32W
Mr. Dobson

To ask the President of the Board of Trade (1) what discussions he has had with the privatised electricity companies and OFFER about the form and presentation of the companies' accounts;

(2) what advice has been given to the privatised electricity companies by him or OFFER about the valuation of assets for presentation in their accounts.

Mr. Eggar

[holding answer 5 June 1992]: The successor companies' reports and accounts will have to be prepared in accordance with the Companies Act 1985 and any additional requirements imposed by the stock exchange.

The enforcement of licence conditions relating to the successor companies' regulatory accounts is a matter for the Director General of Electricity Supply.