---

Company Law Reform Bill

I thank the Minister for his detailed and very specific response. What he is saying is that in this age of flexibility you can be flexible, so long as it is more onerous. It cannot be less onerous than the statutory minimum. Our advice is that—and it is not because of malice aforethought—the structures of private companies and so forth want to have less onerous requirements agreed between them. We shall bring forward specific examples if we can; we would probably like to come back on this. However, now having the Government’s position on the record, for which I am extremely grateful, I beg leave to withdraw the amendment. Amendment, by leave, withdrawn.