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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 Amendments Nos. 911 to 915. The new clauses inserted by the amendments restate the law on the independence of persons who are required to value non-cash assets; for example, in connection with an allotment of shares by a public company. The new clauses have the same effect as Section 108 of the 1985 Act, but for convenience they now spell out the full statutory auditor qualification requirements, rather than cross-referring to the statutory auditor provisions which are restated in Part 35 of the Bill. Moved, That the House do agree with the Commons in their Amendments Nos. 911 to 915.—(Lord McKenzie of Luton). On Question, Motion agreed to.

Secondary information

Type
Proceeding contribution
Reference
686 c485-6 
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