Operating and Financial Review

HC Deb 12 February 2004 vol 417 cc1625-6W

Andy King

To ask the Secretary of State for Trade and Industry when she intends to publish the draft regulations for the forthcoming Operating and Financial Review; and what technical improvements have been recommended to her Department for the Review. [154270]

Ms Hewitt

The Government intends to publish draft regulations on the Operating and Financial Review (OFR) for consultation as soon as possible. These will take account of over 250 responses dealing with the OFR to the White Paper, "Modernising Company Law", published in July 2002, as well as of European legislation and of further analysis.