New Clause 1 - Application of Company Accounts and Audit Provisions to Societies

Part of Industrial and Provident Societies Bill – in a Public Bill Committee at 12:15 pm on 13th February 2002.

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Photo of Ruth Kelly Ruth Kelly Economic Secretary, HM Treasury 12:15 pm, 13th February 2002

Perhaps I should point out to the hon. Gentleman and to the Committee that the performance and innovation unit is undertaking a report and is looking at the social enterprise sector. One of its objectives is to see how the industrial and provident societies might be helped to thrive and grow. I look forward to that report being published. In future, there will be ways of taking some of these projects forward, perhaps in a more considered context. I certainly look forward to discussing them with him in due course.