Proceeding contribution from Lord Sainsbury of Turville (Labour) in the House of Lords on Tuesday, 16 May 2006. It occurred during Debate on bill on Company Law Reform Bill [HL].

Company Law Reform Bill [HL]

moved Amendment No. 426:"Page 272, line 15, after ““statement”” insert ““must be in the prescribed form and””" The noble Lord said: My Lords, this is a minor drafting amendment to clarify that the solvency statement required in connection with a reduction of capital under Clause 567 must be in the prescribed form. I trust that noble Lords will have no objection to it. In this context, ““prescribed”” means prescribed by the Secretary of State by statutory instrument under Section 744 of the 1985 Act. I beg to move. On Question, amendment agreed to. Clause 571 [Circumstances in which financial assistance is not prohibited]:

Secondary information

Type: Proceeding contribution
Reference: 682 c180-1
Session: 2005-06
Chamber / Committee: House of Lords chamber
Subjects: Disciplinary proceedings Disclosure of information Audit Accountancy Company law Company accounts Companies Liability EU law Documents Exemptions Internet Qualifications Staff Public records Private companies Registration Shares Shareholders
Legislation: Company Law Reform Bill (HL) 2005-06
Link: View this Proceeding contribution on www.publications.parliament.uk

Company Law Reform Bill [HL]

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