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Proceeding contribution from Lord Deben (Conservative) in the House of Commons on Thursday, 19 October 2006. It occurred during Debate on bill on Companies Bill (HL).


Companies Bill [Lords]

I would like to speak at length on this group of amendments, as some important issues are involved. However, I cannot do so because we have only two minutes before the guillotine falls, resulting in our failure to discuss the rest of the Bill. I shall just make the major point that the Government have failed, throughout proceedings on the Bill—I have looked at the record—to find anybody of any standing whatever who wants to include such a measure. I am always suspicious of Governments who want to regulate when no one wants them to do so. I am not suspicious of this Minister in particular, but I am suspicious of all Ministers. I am more suspicious of Labour Ministers, but I am suspicious of Ministers from all parties. I believe that Ministers have been led by the nose by civil servants in this case. Someone, somewhere has decided that the provision is a good idea, and no one has discovered any reason why we should include it. We should not regulate if we do not need to do so. The Better Regulation Commission should look at the Bill, because we do not need this piece of regulation. No one has asked for it, and the House has not had a chance to debate it properly. It is another regulation that will pass into law without having been properly debated. The Minister will not even have time to answer me properly.


Secondary information

Type
Proceeding contribution
Reference
450 c1090 
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