HC Deb 08 March 1993 vol 220 c399W
Mr. Austin Mitchell

To ask the President of the Board of Trade what investigations have been made into the transfer pricing policies of Leyland DAF.

Mr. Sainsbury

No investigations have been carried out by the DTI into the transfer pricing policies of Leyland DAF.

Mr. Austin Mitchell

To ask the President of the Board of Trade when the 1991 accounts of Leyland DAF were laid at Companies house.

Mr. Neil Hamilton

[holding answer 5 March 1993]: I understand that the company accounts for Leyland DAF Ltd. for the calendar year 1991 have not been filed at Companies house. They were due by 31 October 1992 and a letter advising the company of this fact was issued six weeks before that date. The annual accounts were not received by then and as is normal in such cases Companies house initiated default procedures. A letter was issued on 16 November 1992 and in the absence of any response a further letter was issued on 8 January 1993. Notice of the appointment of an administrative receiver was received at Companies house on 5 February. As responsibility for the company's affairs now lies with the administrator, further action against the directors would be inappropriate.