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Company Law Bill [HL]

moved Amendment No. A137:"Page 297, line 16, leave out first ““the”” and insert ““any””" The noble Lord said: I shall speak also to Amendment No. A138. The amendments make a simple point, which is the sort of thing that practising lawyers come up with. I am glad that I no longer have to do so; I have only to represent their interests. Under Clause 614, there is an obligation on parties to certain agreements to notify the other parties to the agreement of their interests within two days. As things stand, bank holidays of the country where the company is registered, are to be disregarded. That is not necessarily sensible and we think that there is no particular reason why, in calculating the period, a bank holiday anywhere in the United Kingdom should not be taken into account. As we know, Scotland, in particular has different bank holidays from England and Wales. That is the purpose of the amendments that stand in my name, that of my noble friend Lord Sharman and that of the noble Lord, Lord Hodgson of Astley Abbotts. I beg to move.