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Company Law Reform Bill [HL]

Before the noble Lord withdraws his amendment, I really must help to lower the temperature. I felt we were being criticised for not having brought a very long speaking note to enable me to take noble Lords through each and every one of the gateways. The noble Lord knows—we met only this morning—that we are trying very hard to work constructively on the Bill and that we welcome scrutiny. If there are problems with any particular aspects, we will look at them. All I was seeking to do was to say that, because there is going to be a general prohibition, it is obvious that there will need to be gateways—and this is the way in which we have approached the issue. We can continue this discussion outside, I am sure, or, if necessary, at later stages of the Bill.