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Debate on bill on Tuesday, 9 May 2006, in the House of Lords.

Company Law Reform Bill [HL]

Company Law Reform Bill (HL). Lords Report stage first day (Part 2 of 2)

Secondary information

Type
Parliamentary proceeding
Reference
681 c863-98 
Session
2005-06
Department
Department of Trade and Industry
Legislative stage
Report stage
Procedure
New clauses
Chamber / Committee
House of Lords chamber
Related items
Company Law Reform Bill [HL]
Tuesday, 9 May 2006
Parliamentary proceedings
House of Lords
Proceeding contributions
Lord Sainsbury of Turville | 681 c889 (Link to this contribution) moved Amendment No. 138:"Page 111, line 6, at end insert—" ““(2A) If it appears to the court that ...
Lord Sainsbury of Turville | 681 c889 (Link to this contribution) moved Amendment No. 137:"Page 110, line 27, at end insert—" ““(   )   In considering whether to gi...
Show all contributions (75)
Lord Hodgson of Astley Abbotts | 681 c888-9 (Link to this contribution) My Lords, I am grateful to the noble and learned Lord for putting that information on the record. It...
Lord Goldsmith | 681 c887-8 (Link to this contribution) My Lords, we have gone a long way to meet these concerns. I believe that the amendments we have put ...
Lord Goldsmith | 681 c885 (Link to this contribution) moved Amendment No. 135:"Page 109, line 32, at end insert—" ““(2A) If it appears to the court that...
Lord Hodgson of Astley Abbotts | 681 c885-7 (Link to this contribution) moved Amendment No. 136:"Page 110, line 8, at end insert ““, or" (   )   that the directors have d...
Lord Sharman | 681 c885 (Link to this contribution) My Lords, in Grand Committee I, too, expressed reservations about the drafting of these clauses. Sin...
Lord Goldsmith | 681 c885 (Link to this contribution) My Lords, I am happy to hear what both noble Lords say. I shall not go back to what the noble Lord, ...
Lord Goldsmith | 681 c882-4 (Link to this contribution) moved Amendment No. 134:"Page 109, line 14, at end insert—" ““(1A) If it appears to the court that...
Lord Hodgson of Astley Abbotts | 681 c884-5 (Link to this contribution) My Lords, I thank the noble and learned Lord for the trouble that he and the Minister have taken wit...
Lord Goldsmith | 681 c882 (Link to this contribution) moved Amendments Nos. 129 and 130:"Page 434, line 28, leave out ““the relevant proportion”” and inse...
Lord Goldsmith | 681 c882 (Link to this contribution) It was a slip of the tongue, my Lords. In any event, I cannot support the amendment. I therefore inv...
Lord Sharman | 681 c882 (Link to this contribution) That is an unfortunate choice of words.
Lord Goldsmith | 681 c882 (Link to this contribution) moved Amendment No. 128:"Page 434, line 5, after ““if”” insert ““, not being the registered holder,”...
Lord Freeman | 681 c882 (Link to this contribution) My Lords, we have performed our duty in returning to this issue. If there are representations to the...
Lord Jenkin of Roding | 681 c881 (Link to this contribution) My Lords, I hear what the Minister says. If the Attorney-General tried to appeal the case, he goes u...
Lord Freeman | 681 c881 (Link to this contribution) moved Amendment No. 127:"Page 106, line 16, at end insert ““who have not attained the age of 18””" ...
Lord Sharman | 681 c881 (Link to this contribution) My Lords, the noble Lord, Lord Freeman, is absolutely right that I felt strongly about this, because...
Lord Goldsmith | 681 c881-2 (Link to this contribution) My Lords, not all adult children may be quite as independent as that of the noble Lord, Lord Sharman...
Lord Sainsbury of Turville | 681 c880-1 (Link to this contribution) My Lords, in the case that the noble Lord mentioned, I do not think that the issue was the powers of...
Lord Sainsbury of Turville | 681 c880 (Link to this contribution) moved Amendment No. 125:"Leave out Clause 224." On Question, amendment agreed to. Clause 225 [Effe...
Lord Sainsbury of Turville | 681 c879-80 (Link to this contribution) moved Amendment No. 124:"Leave out Clause 223." On Question, amendment agreed to. Clause 224 [Revo...
Lord Sainsbury of Turville | 681 c878-9 (Link to this contribution) moved Amendments Nos. 122 and 123:"After Clause 222, insert the following new clause—" ““CIRCUMSTA...
Lord Jenkin of Roding | 681 c880 (Link to this contribution) moved Amendment No. 126A:"After Clause 225, insert the following new clause—" ““DISCLOSURE OF PROT...
Lord Sainsbury of Turville | 681 c877 (Link to this contribution) moved Amendment No. 116:"Leave out Clause 220 and insert the following new Clause—" ““PROTECTED IN...
Lord Sainsbury of Turville | 681 c877-8 (Link to this contribution) moved Amendment No. 118:"Leave out Clause 221 and insert the following new Clause—" ““PERMITTED US...
Lord Jenkin of Roding | 681 c876-7 (Link to this contribution) My Lords, I am most grateful to the Minister and to my noble friend for his support. We must reserve...
Lord Sainsbury of Turville | 681 c877 (Link to this contribution) moved Amendment No. 115:"Leave out Clause 219 and insert the following new Clause—" ““PROTECTED IN...
Lord Sharman | 681 c873 (Link to this contribution) My Lords, I am grateful to the Government for these amendments. They address entirely the concern th...
Lord Goldsmith | 681 c872-3 (Link to this contribution) moved Amendment No. 105:"Page 99, line 25, leave out from second ““resolution”” to end of line 26 an...
Lord Sainsbury of Turville | 681 c873-4 (Link to this contribution) moved Amendment No. 111:"Leave out Clause 218 and insert the following new Clause—" ““PROTECTED IN...
Lord Goldsmith | 681 c873 (Link to this contribution) moved Amendments Nos. 106 to 110:"Page 99, line 28, leave out from ““by”” to end of line 29 and inse...
Lord Freeman | 681 c876 (Link to this contribution) My Lords, I will speak to the amendment in my name, Amendment No. 114. It is a probing amendment. Ho...
Lord Jenkin of Roding | 681 c874-6 (Link to this contribution) moved, as an amendment to Amendment No. 111, Amendment No. 112:"Line 4, after ““director”” insert ““...
Lord Sainsbury of Turville | 681 c876 (Link to this contribution) My Lords, we believe that special provision is unnecessary because the amendments that we will table...
Lord Sainsbury of Turville | 681 c871 (Link to this contribution) moved Amendment No. 103:"Page 90, line 45, leave out ““of other”” and insert ““any””" On Question, ...
Lord Sainsbury of Turville | 681 c871-2 (Link to this contribution) moved Amendment No. 104:"After Clause 204, insert the following new clause—" ““APPROVAL BY WRITTEN...
Lord Freeman | 681 c872 (Link to this contribution) My Lords, we warmly welcome this. It meets entirely what was said in Committee and I commend the new...
Lord Hodgson of Astley Abbotts | 681 c893-4 (Link to this contribution) My Lords, I am grateful to the Minister. I am running into a brick wall. I accept the argument about...
Lord Sainsbury of Turville | 681 c894 (Link to this contribution) moved Amendment No. 157:"Page 126, line 19, leave out ““10%”” and insert ““the required percentage””...
Lord Hodgson of Astley Abbotts | 681 c894 (Link to this contribution) My Lords, this is fine. Clearly, in our amendments we were not seeking to extend the public companie...
Lord Sainsbury of Turville | 681 c889-90 (Link to this contribution) moved Amendment No. 139:"Page 111, line 26, at end insert—" ““(   )   It is immaterial whether the...
Lord Sainsbury of Turville | 681 c890-1 (Link to this contribution) moved Amendment No. 141:"Page 112, line 32, at end insert—" ““(2A) If it appears to the court that...
Lord Sainsbury of Turville | 681 c890 (Link to this contribution) moved Amendment No. 140:"Page 112, line 3, leave out from ““court”” to end of line 18 and insert—" ...
Lord Sainsbury of Turville | 681 c891 (Link to this contribution) moved Amendment No. 143:"Page 114, line 4, at end insert—" ““(2A) If it appears to the court that ...
Lord Sainsbury of Turville | 681 c891 (Link to this contribution) moved Amendment No. 142:"Page 113, line 24, at end insert—" ““(   )   In considering whether to gr...
Lord Sainsbury of Turville | 681 c892-3 (Link to this contribution) My Lords, company secretaries may play both an internal and an external role in their companies. How...
Lord Hodgson of Astley Abbotts | 681 c891-2 (Link to this contribution) moved Amendment No. 144:"Page 114, line 14, after ““company”” insert ““which is entitled to the exem...
Lord Freeman | 681 c869 (Link to this contribution) moved Amendment No. 98:"Page 75, line 15, leave out ““five”” and insert ““two””" The noble Lord sai...
Lord Goldsmith | 681 c868 (Link to this contribution) My Lords, the noble Lord asks where community interest companies fall. Section 32 of the Companies (...
Lord Sainsbury of Turville | 681 c870 (Link to this contribution) moved Amendment No. 100:"Page 78, line 5, at end insert—" ““(   )   Approval is not required under...
Lord Sainsbury of Turville | 681 c870-1 (Link to this contribution) moved Amendment No. 101:"After Clause 186, insert the following new clause—" ““EXCEPTION FOR EXPEN...
Lord Freeman | 681 c871 (Link to this contribution) My Lords, I am grateful to the Minister. This is an improvement. The Government have responded to re...
Lord Sainsbury of Turville | 681 c871 (Link to this contribution) moved Amendment No. 102:"Page 89, line 25, leave out ““proposal”” and insert ““payment””" The noble...
Lord Sharman | 681 c869 (Link to this contribution) My Lords, I support the amendment; the only difficulty that I have with it is that ““two”” should be...
Lord Sainsbury of Turville | 681 c869 (Link to this contribution) My Lords, I say to the noble Lord, Lord Sharman, that this is not the beginning of a negotiation; th...
Lord Freeman | 681 c869 (Link to this contribution) My Lords, I am very grateful; progress has been made. On Question, amendment agreed to. Clause 176...
Lord Sainsbury of Turville | 681 c869-70 (Link to this contribution) moved Amendment No. 99:"Page 77, line 40, leave out from beginning to ““a”” in line 41 and insert ““...
Lord Hodgson of Astley Abbotts | 681 c868 (Link to this contribution) My Lords, can the noble and learned Lord say a word about charitable incorporated organisations and ...
Lord Goldsmith | 681 c866-8 (Link to this contribution) moved Amendment No. 93:"After Clause 164, insert the following new clause—" ““MODIFICATION OF PROV...
Lord Freeman | 681 c868 (Link to this contribution) My Lords, we welcome this new clause, which sets out clearly and helpfully the treatment required fo...
Lord Goldsmith | 681 c865-6 (Link to this contribution) My Lords, I acknowledge that this is a slightly difficult area. What lies behind the difficulty is t...
Lord Freeman | 681 c866 (Link to this contribution) My Lords, I am grateful for that helpful response. I agree that the arguments I deployed and the pre...
Lord Freeman | 681 c864-5 (Link to this contribution) moved Amendment No. 89:"Page 70, line 17, at end insert ““; or" (   )   if the matter has been aut...
Lord Freeman | 681 c863 (Link to this contribution) moved Amendment No. 88:"Page 70, line 10, after ““opportunity”” insert ““which is within the ambit o...
Lord Goldsmith | 681 c863-4 (Link to this contribution) My Lords, the first two subsections of Clause 159, to which the amendment relates, are based on the ...
Lord McKenzie of Luton | 681 c898 (Link to this contribution) My Lords, I beg to move that consideration on Report be now adjourned. Moved accordingly, and, on Q...
Lord Sainsbury of Turville | 681 c894-5 (Link to this contribution) moved Amendments Nos. 158 and 159:"Page 126, line 23, leave out ““10%”” and insert ““the required pe...
Lord Sharman | 681 c895-6 (Link to this contribution) My Lords, I rise to support the noble Lord, Lord Hodgson, in these amendments. It is important to un...
Lord Hodgson of Astley Abbotts | 681 c895 (Link to this contribution) moved Amendment No. 160:"Leave out Clause 321." The noble Lord said: My Lords, in speaking to Amend...
Lord Hodgson of Astley Abbotts | 681 c898 (Link to this contribution) My Lords, we end on a downtick, if I may use market phraseology. That was a disappointing response. ...
Lord Sainsbury of Turville | 681 c896-8 (Link to this contribution) My Lords, after six hours of reasonableness, sensitivity and flexibility, I have to put in place ano...
Lord Freeman | 681 c864 (Link to this contribution) My Lords, I am grateful to the noble and learned Lord the Attorney-General for that clarification. I...
Lord Sainsbury of Turville | 681 c880 (Link to this contribution) moved Amendment No. 126:"Leave out Clause 225." On Question, amendment agreed to.
Lord Sainsbury of Turville | 681 c878 (Link to this contribution) moved Amendment No. 121:"Leave out Clause 222 and insert the following new Clause—" ““DISCLOSURE U...
Subjects
Disclosure of information Contracts Accountability Charities Community interest companies Company law Companies Directors Animal experiments Fraud Finance Families Liability Insolvency Harassment Public companies Private companies Shares Shareholders
Legislation
Company Law Reform Bill (HL) 2005-06
Link
View this Parliamentary proceeding on www.publications.parliament.uk