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Companies Bill [Lords]

I am following my right hon. Friend’s arguments on these complex issues as closely as I can under the circumstances. Can she tell me whether, in light of the statement that she has just made, the new clause on quasi-loans would apply to special private-finance-initiative-vehicle companies? Also, does the watering down of the Bill that she has just outlined mean that, for example, the company taking over Thames Water Utilities, which is a foreign bank in a consortium of private equity companies, could be in a format where the clauses under discussion would not apply? If that were the case, it would cause me considerable concern.