---

Company Law Reform Bill [HL]

As the noble Lord may have noticed—and as we will debate shortly—the next item on the Marshalled List is that the Government propose that Clause 679 should not stand part of the Bill. We do not intend to reinstate subsection (2) of that clause. I agree with the principle behind the noble Lord’s amendment—namely, that it is generally sensible for transitional issues to be covered by transitional regulations rather than set out on the face of the Bill—and if we were not proposing to delete the entire clause I would be happy to accept it. However, in the circumstances, I ask the noble Lord to withdraw it.