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Company Law Reform Bill [HL]

My Lords, although my name is not on these amendments, I think that the points the noble Lord, Lord Sharman, is driving at are sensible. I, too, have read carefully the definitions that the noble Lord, Lord McKenzie, read out to us from the Oxford English Dictionary in Grand Committee, but I do not think they answer the reality of what is going on in the City. Indeed, clarity in this area is very important because it is a critical part of the finance-raising function of the City of London. I hope the Government will look sympathetically at what the noble Lord has said.