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Mr. Carmichael: To ask the Chancellor of the Exchequer how many firms of (a) solicitors and (b) chartered accountants in (i) Scotland and (ii) England and Wales were registered with the Financial Services Authority for the conduct of investment business under the Financial Services and Markets Act 2000 in (A) 2001 and (B) April 2002. 
Ruth Kelly: The transition to the new regime for professional firms established under the Financial Services and Markets Act 2000 (FSMA) for regulation of professional firms lasted until mid-December 2001. During the transition from the regime established under the Financial Services Act 1986 (FS Act) firms could opt for direct regulation by the FSA if they conducted "mainstream" investment business or opt for oversight by their professional body if their investment business was incidental to their professional services.
The Law Society of Scotland525
The Institute of Chartered Accountants in England and Wales4,718
The Institute of Chartered Accountants of Scotland397.
The Law Society of Scotland151
The Institute of Chartered Accountants in England and Wales660
The Institute of Chartered Accountants of Scotland55.
Dr. Starkey: To ask the Chancellor of the Exchequer on what subjects and on which dates his Department has consulted organisations representing young people; and if he will list such organisations. 
The Treasury is committed to the new core principles for the involvement of children and young people published by the Minister for Young People in November 2001. The Treasury will shortly be publishing an action plan setting out for the first time how it will implement these principles to extend the participation of children and young people in the design, provision and evaluation of policies and services that affect them.
7 May 2002 : Column 33W
£799 million in milk products. Milk products include yoghurt, buttermilk, ice cream, whey, butter, cheese and curds.
UK exports are valued at the cost of goods whereas imports also include the costs of freight and insurance. The difference between exports and imports is referred to as a "crude" trade balance to reflect this difference in valuation.
Ruth Kelly: There are no direct statistics on the proportion of UK GDP accounted for by immigrants, and the data required to produce indirect estimates do not extend back to 1972. However, in 2001 foreign-born people accounted for around 8 per cent. of total UK employment, and the average gross weekly pay of foreign-born employees was about 16 per cent. above the average for all employees. On this basis, and assuming that relative wage rates proxy relative labour productivity, it can be estimated that the foreign-born population accounted for around 10 per cent. of UK GDP in 2001.
Mr. Don Foster: To ask the Chancellor of the Exchequer which Department will be administering the new Community Development Venture Capital Fund announced in the Budget; who the intended recipients of this fund are; what guidelines have been drawn up for those wishing to bid for this fund; and if he will place a copy of these guidelines in the Library. 
Ruth Kelly: The Community Development Venture Fund is a private sector venture capital fund in which the Government is investing. The fund will be run by a professional team of venture capital fund managers working for Bridges Community Ventures Limited. The fund will be able to invest in eligible businesses in deprived communities in England, defined as the most deprived 25 per cent. of wards according to the DTLR's Index of Multiple Deprivation. The criteria for eligibility will be published by Bridges Community Ventures Limited under the terms agreed between them and the Small Business Service.
7 May 2002 : Column 34W
Recommendation VII (information whose originator to be included in funds transfer messages) of the Financial Action Task Force Recommendations on Terrorist Financing. 
(5) Figures for spring 1998, before the NMW was introduced, are for the number of jobs paid at less than £3.00 per hour (aged 1821) or £3.60 per hour (aged 22 and over).
(6) NMW rates of £3.00 per hour (aged 1821) or £3.60 per hour (aged 22 and over).
(7) NMW rates of £3.20 per hour (aged 1821) or £3.70 per hour (aged 22 and over).
7 May 2002 : Column 35W
These data are mid-year estimates
Figures on migrants within the UK are derived from the re-registration of NHS patients
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