Proceeding contribution from Lord Sharman (Liberal Democrat) 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 support the amendment; the only difficulty that I have with it is that ““two”” should be ““one””. Given current views on corporate governance and current guidance, it is unacceptable that a director should have a contract that lasts for more than a year. That is generally the view. But five years is quite exceptional.
Secondary information
- Type
- Proceeding contribution
- Reference
- 681 c869
- Session
- 2005-06
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disclosure of information Contracts Accountability Charities Community interest companies Company law Companies Directors Animal experiments Fraud Finance Families Liability Insolvency Harassment 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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- 2024-04-21 12:02:37 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_320642
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