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Government Resources and Accounts Act 2000 (Audit of Non-profit-making Companies) Order 2009

I have a serious concern with this order, which has been with me since the first day I read it in the Merits Committee. It conflicts with my experience of an NDPB, the New Millennium Experience Company. That company was allowed to trade into an insolvent situation with the deliberate and proactive consent of the Permanent Secretary to the DCMS, who issued an indemnity to the directors of the NDPB to allow them to trade while insolvent. The Sharman report quite specifically said that a company might be non-profit making, but that it must abide by the Insolvency Act 1986. I do not see that message fortified here or any statement made which would preclude another gaffe like the one the Permanent Secretary to the DCMS made at that time. It is an outrageous situation that should not be left in any doubt.