HC Deb 29 June 1993 vol 227 c438W
Sir Russell Johnston

To ask the President of the Board of Trade what consideration he has given to the introduction of legislation debarring firms of accountants who have prepared a report on a business from accepting a commission for a receivership consequent upon such a report.

Mr. Neil Hamilton

I have considered carefully the arguments both for and against investigating accountants being debarred from taking subsequent insolvency appointments and I am not convinced that the practice should be proscribed.