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Proceeding contribution from Baroness Noakes (Conservative) 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 thank all noble Lords who have spoken in this debate. In response to the noble Lord, Lord Grabiner, it is not that audit committees want to avoid criticism for not knowing something; they want to make the right decision and to have auditors about whose quality they are comfortable. That is what drives the amendment. I am aware that the Freedom of Information Act may not be the best mechanism, but the Information Commissioner is there to see that its exemptions are used correctly. He has been courageous in standing up to government departments that have sought inappropriately to hide behind exemptions, so I am happy to go with that approach. I wish to test the opinion of the House. On Question, Whether the said amendment (No. 954A) shall be agreed to? Their Lordships divided: Contents, 116; Not-Contents, 104.

Secondary information

Type
Proceeding contribution
Reference
686 c492-3 
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