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Debate on bill on Tuesday, 23 May 2006, in the House of Lords, led by Lord Sainsbury of Turville. The answering member was Lord Hodgson of Astley Abbotts.

Company Law Reform Bill [HL]

Company Law Reform Bill [HL]. Lords Third reading debate. agreed to on question. Bill passed and sent to the Commons.

Secondary information

Type
Parliamentary proceeding
Reference
682 c709-96 
Session
2005-06
Department
Department of Trade and Industry
Legislative stage
Third reading
Procedure
Government defeats
New clauses
Chamber / Committee
House of Lords chamber
Related items
Proceeding contributions
Lord Jenkin of Roding | 682 c719 (Link to this contribution) My Lords, I apologise profusely for not being here at the start of the debate. I want to express my ...
Lord Sainsbury of Turville | 682 c719-20 (Link to this contribution) moved Amendments Nos. 8 to 10:"After Clause 115, insert the following new clause—" ““REGISTER OF M...
Show all contributions (102)
Lord Freeman | 682 c720-1 (Link to this contribution) moved Amendment No. 11:"Page 69, line 41, at end insert ““; or" (c)   if the matter has been lawfu...
Lord Sainsbury of Turville | 682 c721-2 (Link to this contribution) My Lords, my noble and learned friend the Attorney-General set out our approach to this important bu...
Lord Sainsbury of Turville | 682 c722-3 (Link to this contribution) moved Amendment No. 14:"Page 72, line 6, leave out subsection (4) and insert—" ““(   )   The gener...
Lord Sainsbury of Turville | 682 c723 (Link to this contribution) moved Amendment No. 15:"Page 97, line 17, at end insert—" ““(   )   Nothing in this section preven...
Lord Freeman | 682 c723-4 (Link to this contribution) moved Amendment No. 16:"Page 97, line 17, at end insert—" ““(   )   This section does not apply to...
Lord Sainsbury of Turville | 682 c724 (Link to this contribution) My Lords, this amendment deals with two distinct issues: first, exempting or excluding from these pr...
Lord Freeman | 682 c724-5 (Link to this contribution) My Lords, I am grateful to the Minister for addressing the second part of the amendment. I accept en...
Lord Sainsbury of Turville | 682 c718-9 (Link to this contribution) My Lords, obviously we will keep an open mind on this issue, should it not work in the future. Howev...
Lord Grocott | 682 c709 (Link to this contribution) My Lords, I have it in command from Her Majesty the Queen and His Royal Highness the Prince of Wales...
Lord Hodgson of Astley Abbotts | 682 c713 (Link to this contribution) My Lords, I am extremely grateful to the Minister for that very full response. Clearly, a great deal...
Lord Sainsbury of Turville | 682 c713-6 (Link to this contribution) moved Amendment No. 7:"Page 52, line 15, leave out subsections (3) to (8) and insert—" ““(   )   A...
Lord Hodgson of Astley Abbotts | 682 c709-10 (Link to this contribution) moved Amendment No. 1:"Page 6, line 1, leave out from beginning to second ““the””" The noble Lord s...
Lord Sainsbury of Turville | 682 c710-3 (Link to this contribution) My Lords, the Bill abolishes the requirement for private companies to appoint a company secretary. T...
Lord Razzall | 682 c717-8 (Link to this contribution) My Lords, I share the thanks of the Conservative Benches to the Government for having brought forwar...
Viscount Bledisloe | 682 c718 (Link to this contribution) My Lords, I want to make a couple of observations related to those made by the noble Lord, Lord Hodg...
Lord Hodgson of Astley Abbotts | 682 c716-7 (Link to this contribution) My Lords, the whole House will be grateful to the Minister for the amendments he has tabled. As he s...
Lord Clinton-Davis | 682 c717 (Link to this contribution) My Lords, as far as one can see, the Government have dealt with the mischief that we had the misfort...
Baroness Noakes | 682 c739 (Link to this contribution) My Lords, I am marginally less disappointed than I was when I first saw the tabled amendments. I beg...
Lord Sainsbury of Turville | 682 c739 (Link to this contribution) My Lords, at Report I said that we had some sympathy with this amendment. Given that there is such s...
Lord Sainsbury of Turville | 682 c737-8 (Link to this contribution) My Lords, the noble Baroness tabled some amendments on Report that were similar in effect although s...
Lord Shutt of Greetland | 682 c737 (Link to this contribution) My Lords, I support my noble friend on this, as there is a very serious issue here. In recent years,...
Baroness Noakes | 682 c739 (Link to this contribution) moved Amendment No. 42:"After Clause 443, insert the following new clause—" ““DATA PROTECTION Not...
Baroness Northover | 682 c738 (Link to this contribution) My Lords, I thank the Minister for that reply. However, he did not address some of the points that I...
Lord Hodgson of Astley Abbotts | 682 c732-5 (Link to this contribution) My Lords, I am very disappointed by the Minister’s response, although I congratulate him on having d...
Lord Sainsbury of Turville | 682 c730-2 (Link to this contribution) My Lords, I will not repeat the arguments that we discussed in Committee and on Report about why the...
Lord Razzall | 682 c736-7 (Link to this contribution) My Lords, I support the amendments standing in the name of my noble friend Lady Northover and my own...
Baroness Northover | 682 c735-6 (Link to this contribution) moved Amendment No. 39:"Page 182, line 24, leave out ““In the case of a quoted company””" The noble...
Lord Hodgson of Astley Abbotts | 682 c729-30 (Link to this contribution) moved Amendment No. 29:"Leave out Clause 322." The noble Lord said: My Lords, in moving Amendment N...
Lord Sainsbury of Turville | 682 c729 (Link to this contribution) moved Amendment No. 28:"Page 138, line 32, leave out from ““a”” to end of line 34 and insert ““day t...
Lord Sainsbury of Turville | 682 c728-9 (Link to this contribution) moved Amendment No. 27:"Page 137, line 20, leave out from ““a”” to end of line 22 and insert ““day t...
Lord Hodgson of Astley Abbotts | 682 c728 (Link to this contribution) My Lords, I thank the Minister for that answer. I accept the point he made about vulture funds and h...
Lord Hodgson of Astley Abbotts | 682 c726-7 (Link to this contribution) moved Amendment No. 18:"Page 111, line 20, at end insert—" ““(   )   whether any alternative remed...
Lord Sainsbury of Turville | 682 c726 (Link to this contribution) My Lords, for once, the Government are ahead of the game. Of course, as a director one can now use a...
Lord Freeman | 682 c725-6 (Link to this contribution) My Lords, I join my noble friend Lord Jenkin in congratulating the Government on bringing forward th...
Lord Jenkin of Roding | 682 c725 (Link to this contribution) My Lords, I am very grateful that the noble Lord has taken the point made in an amendment that I mov...
Lord Sainsbury of Turville | 682 c725 (Link to this contribution) moved Amendment No. 17:"Page 101, line 2, at end insert—" ““(   )   Information does not cease to ...
Lord Sainsbury of Turville | 682 c753 (Link to this contribution) moved Amendment No. 48:"Page 236, line 35, leave out paragraph (c)." On Question, amendment agreed ...
Baroness Noakes | 682 c753 (Link to this contribution) My Lords, we are pleased that the Government have listened to the detailed points that we made in th...
Lord Sainsbury of Turville | 682 c754 (Link to this contribution) moved Amendment No. 51:"Leave out Clause 581." On Question, amendment agreed to. Clause 582 [Right...
Lord McKenzie of Luton | 682 c753-4 (Link to this contribution) moved Amendment No. 50:"Page 254, line 39, leave out subsections (4) and (5) and insert—" ““(   ) ...
Lord Razzall | 682 c748 (Link to this contribution) My Lords, I support the comments of the noble Baroness. It is a pity that, as we passed through our ...
Baroness Noakes | 682 c746-8 (Link to this contribution) moved Amendment No. 46:"Page 236, line 28, at end insert—" ““(   )   A person shall not commit an ...
Lord Sainsbury of Turville | 682 c749-52 (Link to this contribution) My Lords, we have now debated this new offence a number of times, and these discussions have been he...
Viscount Bledisloe | 682 c749 (Link to this contribution) My Lords, with her Amendments Nos. 46 and 49, the noble Baroness, Lady Noakes, obviously and properl...
Lord Sainsbury of Turville | 682 c753 (Link to this contribution) moved Amendment No. 47:"Page 236, line 31, leave out paragraph (a) and insert—" ““(a)   section 48...
Baroness Noakes | 682 c752 (Link to this contribution) My Lords, this has been another useful debate on an extremely difficult topic. I thank the noble Lor...
Lord McKenzie of Luton | 682 c746 (Link to this contribution) moved Amendment No. 45:"Page 235, leave out lines 10 and 11 and insert—" ““(   )   Where the audit...
Baroness Noakes | 682 c746 (Link to this contribution) My Lords, I am grateful to the Minister. It has saved us a little diversion through the Lobbies. On...
Lord McKenzie of Luton | 682 c745-6 (Link to this contribution) My Lords, Clause 479 is one of the small number of new provisions relating to the appointment of aud...
Baroness Noakes | 682 c746 (Link to this contribution) My Lords, I think that I am on a winning streak. I am so glad to hear what the Minister said. On Qu...
Lord Sainsbury of Turville | 682 c739-43 (Link to this contribution) moved Amendment No. 43:"Before Clause 444, insert the following new clause—""““Liability for false o...
Baroness Noakes | 682 c745 (Link to this contribution) moved Amendment No. 44:"Page 230, line 1, leave out ““negative”” and insert ““affirmative””" The no...
Lord Sainsbury of Turville | 682 c744-5 (Link to this contribution) My Lords, the answer to the question posed by the noble Baroness, Lady Noakes, about what happens if...
Viscount Bledisloe | 682 c744 (Link to this contribution) My Lords, I am sure that these clauses go very much in the right direction but I want to ask the nob...
Baroness Noakes | 682 c743-4 (Link to this contribution) My Lords, we appreciate very much the fact that the Government have tabled these new clauses dealing...
Lord Razzall | 682 c760-1 (Link to this contribution) My Lords, I agree. On Question, amendment greed to.
Lord Hodgson of Astley Abbotts | 682 c760 (Link to this contribution) My Lords, we are grateful to the Government for having circulated an explanatory note about these fa...
Lord McKenzie of Luton | 682 c759-60 (Link to this contribution) moved Amendment No. 67:"After Clause 670, insert the following new clause—" ““PART 24A DISSOLUTION...
Lord Sainsbury of Turville | 682 c758-9 (Link to this contribution) moved Amendment No. 66:"Page 307, line 22, leave out from second ““is”” to ““shall”” in line 24 and ...
Lord Sainsbury of Turville | 682 c758 (Link to this contribution) moved Amendments Nos. 64 and 65:"After Clause 611, insert the following new clause—" ““REGISTER OF...
Lord Sainsbury of Turville | 682 c757-8 (Link to this contribution) moved Amendments Nos. 62 and 63:"Page 302, leave out lines 13 to 17 and insert—" ““(   )   Where a...
Lord Sainsbury of Turville | 682 c757 (Link to this contribution) moved Amendment No. 61:"Page 301, line 41, leave out subsections (3) to (6) and insert—" ““(   )  ...
Lord Sainsbury of Turville | 682 c754 (Link to this contribution) moved Amendment No. 52:"Leave out Clause 582." On Question, amendment agreed to. Clause 583 [Time ...
Lord Sainsbury of Turville | 682 c754 (Link to this contribution) moved Amendment No. 53:"Leave out Clause 583." On Question, amendment agreed to.
Lord McKenzie of Luton | 682 c774-84 (Link to this contribution) moved Amendments Nos. 85 to 93:"After Clause 870, insert the following new clause—" ““PART 33A TRA...
Baroness Noakes | 682 c770-1 (Link to this contribution) My Lords, the Minister disappoints me. What we are proposing with the Freedom of Information Act is ...
Lord McKenzie of Luton | 682 c769-70 (Link to this contribution) My Lords, noble Lords have argued that extending the level of public reporting, particularly by the ...
Lord McKenzie of Luton | 682 c773-4 (Link to this contribution) moved Amendment No. 84:"Leave out Clause 870." The noble Lord said: My Lords, in moving Amendment N...
Baroness Noakes | 682 c773 (Link to this contribution) moved Amendment No. 83:"Page 415, line 25, at end insert—" ““(   )   A delegation order has the ef...
Lord Sainsbury of Turville | 682 c767 (Link to this contribution) moved Amendment No. 80:"Page 354, line 30, at end insert—" ““(   )   any application to the regist...
Lord Sainsbury of Turville | 682 c767-8 (Link to this contribution) moved Amendment No. 81:"After Clause 769, insert the following new clause—" ““REQUIREMENT TO GIVE ...
Baroness Noakes | 682 c768-9 (Link to this contribution) moved Amendment No. 82:"Page 402, line 37, at end insert—" ““(   )   The order has the effect of m...
Lord Razzall | 682 c769 (Link to this contribution) My Lords, I support these amendments and the comments made by the noble Baroness. As she rightly ind...
Lord Sainsbury of Turville | 682 c761-7 (Link to this contribution) moved Amendments Nos. 68 to 79:"After Clause 670, insert the following new clause—""““Crown disclaim...
Lord Sainsbury of Turville | 682 c790 (Link to this contribution) moved Amendment No. 97:"Page 440, line 25, at end insert—" ““(   )   Part 33A (transparency obliga...
Lord Geddes | 682 c790 (Link to this contribution) My Lords, before calling Amendment No. 97, I must advise the House that there was a printing error i...
Lord Sainsbury of Turville | 682 c787-8 (Link to this contribution) No, my Lords, there is a matter of principle here about which we feel strongly. It is not possible t...
Lord McKenzie of Luton | 682 c784 (Link to this contribution) moved Amendment No. 94:"Leave out Clause 871." On Question, amendment agreed to. Clause 872 [Corpo...
Lord McKenzie of Luton | 682 c784 (Link to this contribution) moved Amendment No. 95:"Leave out Clause 872." On Question, amendment agreed to. Clause 876 [Insti...
Lord Sainsbury of Turville | 682 c786-7 (Link to this contribution) My Lords, Clause 876 confers a power on the Secretary of State and the Treasury to make regulations ...
Lord Forsyth of Drumlean | 682 c787 (Link to this contribution) My Lords, would it have been more sensible to carry out the cost benefit analysis before introducing...
Lord Hodgson of Astley Abbotts | 682 c784-6 (Link to this contribution) moved Amendment No. 96:"Leave out Clause 876." The noble Lord said: My Lords, Amendment No. 96 seek...
Lord Razzall | 682 c786 (Link to this contribution) My Lords, as on the previous amendment, my noble friend Lord Sharman supported the Opposition on thi...
Lord Sainsbury of Turville | 682 c794-6 (Link to this contribution) My Lords, as we send this Bill on its way to another place, it may be appropriate to say a few words...
Lord Razzall | 682 c794 (Link to this contribution) My Lords, I echo the comments of the noble Lord, Lord Hodgson. I know that I speak for my noble frie...
Lord Hodgson of Astley Abbotts | 682 c796 (Link to this contribution) My Lords, I think that the Minister may have been anxious about the good news that he was able to gi...
Lord Sainsbury of Turville | 682 c790 (Link to this contribution) moved Amendment No. 98:"Page 473, line 14, leave out paragraph 43." On Question, amendment agreed t...
Lord Sainsbury of Turville | 682 c790 (Link to this contribution) moved Amendment No. 99:"Page 491, leave out lines 21 and 22 and insert—""““address—generally—in the ...
Lord Sainsbury of Turville | 682 c790-1 (Link to this contribution) moved Amendment No. 100:"Page 497, leave out line 8." On Question, amendment agreed to.
Lord Sainsbury of Turville | 682 c791-3 (Link to this contribution) moved Amendment No. 101:"After Schedule 14, insert the following new schedule—" ““TRANSPARENCY OBL...
Lord Sainsbury of Turville | 682 c793 (Link to this contribution) moved Amendments Nos. 102 and 103:"Page 524, leave out line 24 and insert—"
Lord Sainsbury of Turville | 682 c793 (Link to this contribution) My Lords, I beg to move that this Bill do now pass. Moved, That the Bill do now pass.—(Lord Sainsbu...
Lord Hodgson of Astley Abbotts | 682 c793-4 (Link to this contribution) My Lords, a long and winding road takes us back to Second Reading on 11 January. I would like to tak...
Lord Sainsbury of Turville | 682 c796 (Link to this contribution) My Lords, I thank the noble Lords for those comments and, in that mood of warm self-congratulation a...
Lord Razzall | 682 c796 (Link to this contribution) My Lords, as the Minister is aware, the Liberal Democrats have given the same undertaking.
Lord Hodgson of Astley Abbotts | 682 c788 (Link to this contribution) My Lords, as the Minister will realise, that is a disappointing response after the evidence that we ...
Lord Freeman | 682 c722 (Link to this contribution) My Lords, I am grateful to the Minister; this is a real advance. The government amendments should be...
Lord Sainsbury of Turville | 682 c754-7 (Link to this contribution) moved Amendments Nos. 54 to 60:"After Clause 591, insert the following new clause—" ““PART 19A DEB...
Lord Sainsbury of Turville | 682 c727-8 (Link to this contribution) My Lords, my noble and learned friend the Attorney-General has said that the provisions relating to ...
Subjects
Access Disclosure of information Animal welfare Data protection Audit Accountancy Company law Companies Directors Administration Annual reports Animal experiments Conflict of interests Fraud Finance Freedom of information Liability Information Insolvency Harassment Holding companies Industrial loan stocks Public companies Registration Reform Voting rights Research Shareholders Stock market
Legislation
Company Law Reform Bill (HL) 2005-06
Link
View this Parliamentary proceeding on www.publications.parliament.uk