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Company Law Reform Bill [HL]

We have already agreed to consider the scope of Clause 755. As I said, the intention is that Clauses 750 and 755 apply only to communications authorised or required under the Companies Acts. These clauses are not intended to apply to other communications made, for example, as part of commercially negotiated contracts with third parties, which are outside the provisions of the Companies Acts. We fear that this amendment may have the unintended effect of leaving no rules for communication with other categories of people to whom the Companies Acts provisions should apply, such as creditors. We hope that noble Lords will withdraw their amendment, reassured that Clauses 750 and 755 should not affect the sending or supplying of documents or information to or by a company that are not under the Companies Acts.