Proceeding contribution from Lord Sainsbury of Turville (Labour) in the House of Lords on Tuesday, 9 May 2006. It occurred during Debate on bill on Company Law Reform Bill [HL].
Company Law Reform Bill [HL]
moved Amendment No. 26:"After Clause 36, insert the following new clause—" ““NOTICE TO REGISTRAR WHERE COMPANY’S CONSTITUTION ALTERED BY ORDER (1) Where a company’s constitution is altered by an order of a court or other authority, the company must give notice to the registrar of the alteration not later than 15 days after the alteration takes effect. (2) The notice must be accompanied by— (a) a copy of the order, and (b) if the order amends— (i) the company’s articles, or (ii) a resolution or agreement to which Chapter 3 applies (resolutions and agreements affecting the company’s constitution), a copy of the company’s articles, or the resolution or agreement in question, as amended. (3) If a company fails to comply with this section an offence is committed by— (a) the company, and (b) every officer of the company who is in default. (4) A person guilty of an offence under this section is liable on summary conviction to a fine not exceeding level 3 on the standard scale and, for continued contravention, a daily default fine not exceeding one-tenth of level 3 on the standard scale.”” On Question, amendment agreed to. Clause 42 [Constitutional limitations: companies that are charities]:
Secondary information
- Type
- Proceeding contribution
- Reference
- 681 c795-6
- Session
- 2005-06
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disclosure of information Animal welfare Company law Companies Directors Animal experiments Finance Environment Investment Documents Harassment Ethics Foreign companies Public companies Private companies Shares Shareholders
- Legislation
- Company Law Reform Bill (HL) 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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