Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Wednesday, 10 May 2006. It occurred during Debate on bill on Company Law Reform Bill [HL].
Company Law Reform Bill [HL]
moved Amendments Nos. 175 to 179:"Page 152, line 28, at end insert—" ““(1A) A resolution may be expressed to relate to all companies that are subsidiaries of the company passing the resolution— (a) at the time the resolution is passed, or (b) at any time during the period for which the resolution has effect, without identifying them individually.”” Page 152, line 29, leave out ““For each company to which it relates”” Page 152, line 33, at end insert— ““( ) The resolution must specify a head or heads— (a) in the case of a resolution under subsection (1A), for all of the companies to which it relates taken together; (b) in the case of any other resolution, for each company to which it relates.”” Page 152, line 36, leave out from ““For”” to second ““each”” Page 152, line 39, at end insert— ““( ) The resolution must specify such amounts— (a) in the case of a resolution under subsection (1A), for all of the companies to which it relates taken together; (b) in the case of any other resolution, for each company to which it relates.”” On Question, amendments agreed to. [Amendment No. 180 not moved.] Clause 346 [Majority required for authorising resolution]: [Amendment No. 181 not moved.] Clause 348 [Liability of directors in case of unauthorised donation or expenditure]:
Secondary information
- Type
- Proceeding contribution
- Reference
- 681 c917
- Session
- 2005-06
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disclosure of information Conditions of employment Data protection Crime Charities Audit Accountancy Company law Company accounts Companies Directors Contributions Annual reports Fraud Finance Liability Donors Internet Pay Political parties Public companies Negligence Private companies Small businesses
- Legislation
- Company Law Reform Bill (HL) 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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