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Companies Act 2006 (Consequential Amendments etc.) Order 2008

I, too, declare an interest as a director and chairman of a number of companies, all of which are set out in the register of interests of your Lordships’ House. Like the noble Lord, Lord Hodgson, I support the consolidation that we have managed to achieve. I shall go back to my day job and look at the implications of putting this legislation into place, but I am sure that the annual general meetings of plcs will be quite interesting this year as we seek to get authority to do all sorts of things that we have never had to do before. As the noble Lord, Lord Hodgson said, the volume and detail of the regulations in these orders have come about largely as a result of the consolidation which we had sought so eagerly and, from that point of view, I support them. I have no points of detail to raise with the Minister, because the noble Lord has done that admirably, but I, too, should like to hear when it is thought we will finally bury the 1985 Act. I support both orders.