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Company Law Reform Bill [HL]

moved Amendment No. 35:"Page 13, line 33, leave out sub-paragraph (i)." The noble Lord said: This amendment takes us back over some slightly familiar ground. Clause 34 is entitled ““Constitutional documents to be provided to members””. We have some difficulty in seeing what relevance a company’s initial shareholdings can have 10 or 20 years on from formation. It is almost certain that both the shareholders and the amounts subscribed will have changed. Why should a company be obliged to provide this information when it can be of no real use to a current member? It seems to be something that we could easily dispense with after a period of time. Therefore, this probing amendment seeks to leave out Clause 34(1)(d)(i). I beg to move.