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Proceeding contribution from Paul Farrelly (Labour) in the House of Commons on Wednesday, 18 October 2006. It occurred during Debate on bill on Companies Bill (HL).


Companies Bill [Lords]

I am illustrating the general point that companies operating in dangerous environments may make use of this sort of clause to try to confer, for illegitimate reasons, secrecy on their shareholder base. To summarise the arguments that I made in Committee, effectively, in many instances, that would be tantamount to a fraudster’s charter, which would block the legitimate efforts of myself and former colleagues—I have spent far too many hours than I care to remember meticulously tracking down connections between shareholders on the basis of their addresses.


Secondary information

Type
Proceeding contribution
Reference
450 c932 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Access Disclosure of information Animal welfare Accountability Company law Community development Companies Directors Business Annual reports Liability Donors Expenditure Exemptions Harassment Ethics Journalism Personal records Membership Political parties Public companies Loans Staff Meetings Private companies Lobbying Registration Trade unions Voting rights Shareholders Huntingdon Life Sciences Business plans
Legislation
Companies Bill (HL) 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk