Skip to main content

Proceeding contribution from Baroness Hodge of Barking (Labour) in the House of Commons on Thursday, 19 October 2006. It occurred during Debate on bill on Companies Bill (HL).


Companies Bill [Lords]

I hear that, but I have to tell the hon. Gentleman that it provides an interesting comment on the trust that people generally have in the Conservative party when only business interests make representations to it and other interests do not. I ask him again to reflect on whether he is standing up for business or standing up to it. Amendment No. 438 deals with giving stakeholders the opportunity to comment on the detail in respect of secondary legislation. I give a commitment today that we intend to speak to all interested parties— representative of business, consumers and enforcers—before we draft the order. Following that, we will have a normal, short public consultation. As with the relevant amendment in the previous group, it is unnecessary to build a requirement for public consultation directly into the Bill. Amendment No. 437 was discussed in Committee, in the other place and again in the House, but I have not changed my view. Negative resolution is consistent with the other order-making powers in part 9 of the Enterprise Act 2002 that may be used to provide for wider disclosure of information. There is no good reason to distinguish between those powers and this power. I therefore urge hon. Members to support Government amendment No. 740 and resist amendments Nos. 436, 437 and 438. Amendment agreed to.


Secondary information

Type
Proceeding contribution
Reference
450 c1045-6 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Consumers Accountability Audit Accountancy Company law Company accounts Companies Directors Business Civil proceedings Conflict of interests Liability Jurisdiction Documents Intellectual property Internet Protection Prosecutions Mergers Public companies Staff Shares Voting rights Shareholders Reorganisation
Legislation
Companies Bill (HL) 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk