Company Law Reform Bill [HL]

I think that there are parallels with others who have to consider the accounts, which is the point that I made. I think the noble Baroness was drawing it with other professions, but other professions have different considerations than this very specific one. I think it is totally appropriate in this kind of professional advice. We are concerned here with a particular kind of problem which arises from the auditors’ report. As it is so important that these new offences are properly understood, I am again grateful to the noble Baroness and the noble Lord for tabling the amendment and for giving me this opportunity to clarify further the meaning and intention of Clause 494.