§ Mr. SternTo ask the President of the Board of Trade when he expects to issue regulations in respect of the abolition of the small company audit; and when they will come into effect.
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§ Mr. Neil HamiltonElizabeth Appleby, QC and Peter Wilfred Foss, FCA of Moores Rowland were appointed inspectors in all the companies referred to by the hon. Member. The additional information requested by the hon. Member appears in the table. The same inspectors were also appointed in a related company, Pennine Commercial Holdings plc, where because of criminal proceedings, no final report has yet been signed. When the Pennine Commercial Holdings report has been completed, publication of all reports will be considered.
§ Mr. Neil HamiltonMy Department has issued a draft of the statutory instrument and invited public comment on the text by 10 June 1994. We intend the legislation to enter into force this summer.