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Proceeding contribution from Lord Sanderson of Bowden (Conservative) 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]

My Lords, I was not going to speak on this matter, but I notice that share certificates are about 50 per cent of those held and the others are held by nominees. I am willing to bet that over the next few years, nominee shareholdings will go up and up because of the way in which the market works. I feel very strongly that shareholder rights come into this. Something has to be done in legislation to make sure that those who operate the system have to obey the rules.


Secondary information

Type
Proceeding contribution
Reference
681 c818 
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