Building Societies Act 1986 (International Accounting Standards and Other Accounting Amendments) Order 2004

Part of the debate – in the House of Lords at 12:05 pm on 16th December 2004.

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Photo of Baroness Noakes Baroness Noakes Shadow Minister, Economic Affairs 12:05 pm, 16th December 2004

My Lords, I am grateful to the noble Lord for saying that. I ask him, in particular, to ask his officials why there is no audit assurance on the business review for building societies. It is regarded as a helpful feature of the equivalent provision for companies.