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Company Law Reform Bill [HL]

moved Amendment No. A266CA:"Page 426, line 10, leave out ““connection with the commencement”” and insert ““consequence””" The noble Lord said: In moving Amendment No. A266CA, I shall speak also to government Amendment No. A266D. Clause 880 confers on the Secretary of State and on the Treasury the general power to make amendment to other legislation in connection with the commencement of any provision in the Bill. The power is essential to ensure that the changes in company law made by the Bill are reflected in other legislation which refers to, or is dependent on, provisions repealed or amended by the Bill. Amendment No. A266CA ensures that the power will enable all necessary amendments to be made in consequence of what is done in the Bill and not merely amendments which are connected with bringing the Bill into force. As regards Amendment No. A266D, the Delegated Powers and Regulatory Reform Committee suggested in its report that this power should be subject to the affirmative parliamentary procedure and not the negative procedure. Members of the Committee will be pleased to hear that this amendment implements that suggestion. I beg to move. On Question, amendment agreed to.