Proceeding contribution from Baroness Kramer (Liberal Democrat) in the House of Commons on Tuesday, 6 June 2006. It occurred during Debate on bill on Company Law Reform Bill (HL).
Company Law Reform Bill [Lords]
A moment ago the Secretary of State said that the information in the business review would be a valuable guide for investors. However, Lord Sainsbury of Turville said in the other place that the purpose of the review was to inform members of the company. He said:"““It is not designed to help individuals decide on investment decisions, nor is it targeted at the wider public in the sense that they should feel entitled to rely on it.””—[Official Report, House of Lords, 10 May 2006; Vol. 681, c. 920.]" Does not that exactly contradict what the right hon. Gentleman just said? Does it not define the problem involved in shifting from an operating and financial review to a business review?
Secondary information
- Type
- Proceeding contribution
- Reference
- 447 c130
- Session
- 2005-06
- Chamber / Committee
- House of Commons chamber
- Subjects
- Disclosure of information Accountability Audit Accountancy Company law Company accounts Companies Directors Conduct Consolidation bills Animal experiments Fraud Finance Liability Environment protection Harassment Ethics Protection Staff Private companies Working conditions Registration Small businesses Regulation Trade Sustainable development Research Shareholders
- Legislation
- Company Law Reform Bill (HL) 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-01-26 17:28:43 +0000
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