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Proceeding contribution from Lord Goldsmith (Labour) in the House of Lords on Tuesday, 14 March 2006. It occurred during Debate on bill and Committee proceeding on Company Law Reform Bill [HL].


Company Law Reform Bill [HL]

moved Amendment No. 337A:"Page 247, line 27, leave out from ““subject”” to end of line 28 and insert ““—" (i)   in England and Wales or Northern Ireland, to section 2(2) or 3(2)(a) of the Unfair Contract Terms Act 1977 (c. 50); (ii)   in Scotland, to section 16(1)(b) or 17(1)(a) of that Act.”” The noble and learned Lord said: This is a technical amendment. On this occasion the subsections of the Unfair Contract Terms Act 1977 that appear in the Bill are simply wrong. This amendment replaces them with the right ones, also bringing in the appropriate Scottish references. The purpose is to disapply the reasonableness test in two pairs of places in the Unfair Contract Terms Act, because Clause 520 is to apply an equivalent freestanding fair and reasonable test. We do not want to find an agreement that passes the test in this Act to be struck down by some general test in the other. That is all I need to say about this amendment. I beg to move.


Secondary information

Type
Proceeding contribution
Reference
679 c443GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
Disclosure of information Audit Accountancy Company law Companies Animal experiments Finance Liability Harassment Internet Shares Shareholders Vacancies
Legislation
Company Law Reform Bill (HL) 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk