Proceeding contribution from Baroness Noakes (Conservative) 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]
My Lords, I am very glad that the Minister said that final sentence, because I shall now modify the tone of my closing remarks. I ask him to look again at the examples that I gave. It is not a question of whether the company could set up business continuity arrangements; it is a question of how it prioritises when major events occur. If the Minister has ever seen business continuity plans, which are usually very extensive, he will know that they carry cost—sometimes very significant cost, especially when they relate to backup IT facilities. There is no doubt about that. I am just asking the Government to reflect on whether they insist on gold-plating this requirement. However, I was pleased to hear what the Minister said at the end and I beg leave to withdraw the amendment. Amendment, by leave, withdrawn. Clause 414 [Right of member or debenture holder to copies of accounts and reports: unquoted companies]:
Secondary information
- Type
- Proceeding contribution
- Reference
- 681 c957-8
- 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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