Supervisory Bodies (Hansard, 29 June 1994)

HC Deb 29 June 1994 vol 245 c611W 611W

§ Mr. Austin Mitchell
To ask the President of the Board of Trade under which sections of the Companies Acts the recognised supervisory bodies owe a duty of care to shareholders, creditors, employees, bank depositors and pension scheme members.

§ Mr. Neil Hamilton
The Companies Acts do not impose a statutory duty of care on the recognised supervisory bodies.