Building Societies Act 1986 (Accounts, Audit and EEA State Amendments) Order 2008

The Minister will be relieved to hear that I shall not detain the Committee for long on this order, which is pretty unremarkable. He explained that the order largely follows the Companies Act in its audit and accounting requirements. He did not have the joy of the passage of the Companies Act 2006, as some of us did, but I make it clear that I shall not re-run any of the arguments that I lost during the passage of that Act. Building society accounting legislation does not always exactly mirror company legislation; we found that when we debated an order last year. Will the Minister therefore confirm that the order does nothing to building society accounts and audit arrangements that is not also found in the arrangements for companies? I had a quick look, and so far as I can see they are pretty much the same, but can the Minister answer for the detail? In addition, will he say whether there will be any further building-society catching-up, if I can put it that way, with Companies Act legislation? It would be helpful to know whether we should expect any more.