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Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Wednesday, 1 March 2006. It occurred during Debate on bill and Committee proceeding on Company Law Reform Bill [HL].


Company Law Reform Bill [HL]

Without being drawn to respond specifically to the noble Lord’s example, I should say that the definition in the Bill talks about political expenditure that can be,"““reasonably regarded as intended to affect public support for a political party or an independent election candidate””." A political organisation is one that is involved in elections or in national or regional referendums, so I suggest that this is not as wide as the noble Lord indicates. However, I hang on to the point that the remedy lies in having approval if there is any doubt.


Secondary information

Type
Proceeding contribution
Reference
679 c141GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
Disclosure of information Audit Accountancy Company law Companies Directors Absent voting Liability Donors Expenditure Members Political parties Public companies Public records Meetings Voting methods Shareholders Rules of procedure
Legislation
Company Law Reform Bill (HL) 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk