§ Mr. Campbell-SavoursTo ask the President of the Board of Trade if he will make a statement outlining his Department's responsibilities in respect of investigating companies' compliance with United Kingdom accounting requirements on valuation of overseas assets.
§ Mr. Neil HamiltonA company's compliance with the United Kingdom accounting requirements on the valuation of overseas assets is a matter for the directors and auditors. Where evidence was presented suggesting that without good reason the relevant statutory accounting requirements had not been applied, appropriate inquiries would be considered in the normal way.