§ 49. Sir W. SMITHERS
asked the President of the Board of Trade whether, in view of the possibility of investors being 490 misled by the use of the word "bank" in the title of concerns which are not deposit banks, he will consider the advisability of amending the Companies' Act so as to ensure that the use of the word "bank" in the title of a company or firm shall necessitate conformity with defined conditions?
§ Mr. RUNCIMAN
The suggestion of my hon. Friend has been noted for in vestigation when the amendment of the Companies Act is under consideration.
§ Sir W. SMITHERS
If the President is not able to introduce legislation to amend the Companies Act, does he contemplate some other action to stop people taking advantage of an ignorant and gullible public? Is not some action possible?