Operating and Financial Review

Trade and Industry written question – answered on 12th February 2004.

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Photo of Mr Andy King Mr Andy King Labour, Rugby and Kenilworth

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.

Photo of Patricia Hewitt Patricia Hewitt Secretary of State, Department of Trade and Industry

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.

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