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Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Thursday, 2 November 2006. It occurred during Debate on bill on Companies Bill [HL].


Companies Bill [HL]

My Lords, I beg to move that the House do agree with the Commons in their Amendment No. 80. Amendments Nos. 80, 109 to112, 158, 181 to184, 206, 207, 632 to 642 and 895 to 897 form a package of amendments requiring a company to make available for inspection various registers and records. This issue was raised in the context of the register of directors. Under the Companies Act, this must be made available for inspection at the company’s registered office. The amendments recognise both that any increased flexibility as to places of inspection should apply to other registers and records to which there is a statutory right of inspection, and that there need to be safeguards against abuse. This package of amendments meets those concerns by providing a power for regulations to specify alternatives to a company’s registered office as the place where specified registers and records are to be made available for inspection. Amendments Nos. 86 to 93 combine provisions that have been in the Bill from the outset in relation to overseas branch registers with a restatement of relevant provisions from the 1985 Act. There is no change in substance. The other amendments in the group are minor and technical changes to improve the clarity and efficacy of the Bill. Moved, That the House do agree with the Commons in their Amendment No. 80.—(Lord McKenzie of Luton.) On Question, Motion agreed to.


Secondary information

Type
Proceeding contribution
Reference
686 c445 
Session
2005-06
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Accountability Charities Audit Company law Company accounts Companies Directors Business Conduct Annual reports Certification Freedom of information Inspections Eligibility Liability Donors EU law Investment Ethics Powers Membership Public interest Political parties Public companies Loans Private companies Small businesses Shares Trade unions Voting rights Shareholders
Legislation
Companies Bill (HL) 2005-06
Link
View this Proceeding contribution on www.publications.parliament.uk