§ Mr. WigleyTo ask the President of the Board of Trade if he will ensure that no company in Wales is prosecuted for a late submission of annual reports to Companies House, if they submitted such a report in the Welsh language within the appropriate time scale.
§ Mr. Neil HamiltonNew regulations are being introduced on 1 June this year which will enable private limited companies whose registered office is situated in Wales to deliver accounts in Welsh only.
If the Directors of Welsh private limited companies, who produce their accounts in Welsh, deliver them to the Registrar in an acceptable form and within the prescribed period, the question of prosecution does not arise.
Similarly, late filing penalties only apply to companies which deliver their accounts outside the prescribed period.