• Accessibility
• Email alerts
• RSS feeds
• Contact us

Session 2014 - 15
Internet Publications
Other Bills before Parliament

	Public Bill Committee:                                106
	, continued
	Sheryll Murray
	Andrew Griffiths
	Anne Marie Morris
	Richard Fuller
	Sir Hugh Robertson
	Stephen Gilbert
	Oliver Colvile
	Clause  60,  page  41,  line  12,  leave out “large”
	Andrew Griffiths
	Clause  61,  page  41,  line  36,  after “means”, insert “a franchise agreement
	accredited by the British Franchise Association, or”
	Andrew Griffiths
	Clause  61,  page  41,  line  42,  leave out “and includes a tenancy at will” and insert
	“but excluding tenancies at will and agreements of less than 12 months”
	Andrew Griffiths
	Clause  62,  page  42,  line  15,  leave out from “tie” to end of line 16
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  142,  line  9,  leave out “jointly with others” and insert “as one of a
	number of joint holders of the share or right in question”
		Member’s explanatory statement
		This amendment clarifies that where a share or right is jointly held by two or more individuals,
		each individual must be registered as a person with significant control if one or more of the
		specified conditions is met.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  142,  line  38,  at end insert—
		“(9A)     A relevant legal entity is either “registrable” or “non-registrable” in relation to a
		company—
		(a)     it is “non-registrable” if subsection (8)(a) applies in respect of it by virtue
		only of it having significant control over some other legal entity that is
		also a relevant legal entity in relation to the company;
	Public Bill Committee:                                107
	, continued
		(b)     otherwise, it is “registrable”,
		and references to a “registrable relevant legal entity” in relation to a company are
		to a relevant legal entity which is registrable in relation to that company.”
		Member’s explanatory statement
		This amendment provides that a relevant legal entity (RLE) is non-registrable in relation to a
		company if it is only an RLE because it has significant control over another entity that is an RLE.
		See also amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  143,  line  22,  after second “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  143,  line  27,  after second “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  143,  line  37,  after “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  144,  line  1,  leave out from “who” to “, or” in line 2 and insert
	“falls within subsection (5A)”
		Member’s explanatory statement
		This amendment and amendments 85 and 86 enable a company to serve notice in order to obtain
		information on a wider range of persons for the purposes of the PSC register by including legal
		entities that would be relevant legal entities were they subject to their own disclosure
		requirements.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  144,  line  3,  at end insert—
		“(5A)     The persons who fall within this subsection are—
		(a)     any registrable person in relation to the company;
		(b)     any relevant legal entity in relation to the company;
		(c)     any entity which would be a relevant legal entity in relation to the
		company but for the fact that section 790C(8)(b) does not apply in respect
		of it.”
		Member’s explanatory statement
		See the explanatory statement to amendment 84.
	Public Bill Committee:                                108
	, continued
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  144,  leave out lines 6 and 7 and insert—
		“(i)     any person who falls within subsection (5A), or”
		Member’s explanatory statement
		See the explanatory statement to amendment 84.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  144,  line  13,  leave out from “must” to end of line 16 and insert
	“state that the addressee is to comply with the notice by no later than the end of the period
	of one month beginning with the date of the notice.”
		Member’s explanatory statement
		This amendment provides that addressees of a notice from the company under section 790D must
		respond within one month from the date of the notice, rather than within a period (not exceeding
		three months) specified in the notice as previously.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  144,  line  24,  after “or” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  144,  line  27,  after “or” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  144,  line  31,  at end insert—
		“( )     A person to whom a notice under subsection (5) is given is not required by that
		notice to disclose any information in respect of which a claim to legal
		professional privilege (in Scotland, to confidentiality of communications) could
		be maintained in legal proceedings.”
		Member’s explanatory statement
		This amendment makes clear that in responding to a request for information under section
		790D(5), a lawyer is not required to provide information that is subject to legal professional
		privilege.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  144,  line  37,  after second “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Public Bill Committee:                                109
	, continued
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  144,  line  42,  after “or” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  145,  line  6,  after first “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  145,  line  7,  after “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  145,  leave out lines 22 to 24
		Member’s explanatory statement
		This amendment is consequential on amendment 96.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  145,  line  25,  leave out “(8) and” and insert “(7) to”
		Member’s explanatory statement
		This amendment applies section 790D(7) to notices under section 790E. This will require
		responses to such notices within one month from the date of the notice, rather than within a period
		(not exceeding three months) specified in the notice as previously.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  146,  line  7,  after second “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  146,  line  16,  leave out “28 days” and insert “one month”
		Member’s explanatory statement
		This amendment provides that a person must supply information to the company under section
		790G if the circumstances specified in subsection (1)(a) to (d) of that section have continued for
		at least one month, rather than 28 days as previously.
	Public Bill Committee:                                110
	, continued
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  146,  line  19,  after “or” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  146,  line  24,  leave out “14 days” and insert “one month”
		Member’s explanatory statement
		This amendment provides that a person must comply with the duty to supply information under
		section 790G(2) within one month from the date on which all the conditions in subsection (1) were
		first met, rather than 14 days as previously.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  146,  line  30,  after first “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  146,  line  37,  leave out “28 days” and insert “one month”
		Member’s explanatory statement
		This amendment provides that a person must update information under section 790H if they have
		not received notice from the company under section 790E within one month of a change occurring,
		rather than 28 days as previously.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  147,  line  1,  leave out “42 days” and insert “2 months”
		Member’s explanatory statement
		This amendment and amendment 104 alter the time by which the section 790H(2) duty to update
		information must be complied with to the later of the end of two months from the date the change
		occurred or one month from discovering the change, rather than within one month and 14 days as
		previously.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  147,  line  3,  leave out “14 days” and insert “one month”
		Member’s explanatory statement
		See the explanatory statement to amendment 103.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  147,  line  27,  after second “a” insert “registrable”
		Member’s explanatory statement
	Public Bill Committee:                                111
	, continued
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  148,  line  16,  after “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  148,  line  24,  after “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  149,  line  10,  after “a” insert “registrable”
		Member’s explanatory statement
		This amendment provides that a company needs to note information in its PSC register on a
		relevant legal entity only if it is a registrable relevant legal entity in relation to the company and
		not if it is non-registrable. See also amendment 80. This mirrors the position for individuals.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  149,  line  14,  after “or” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  149,  line  34,  after second “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  149,  line  38,  after “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  150,  line  5,  after second “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Public Bill Committee:                                112
	, continued
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  150,  line  13,  at end insert—
		“( )     A company to which this Part applies is not by virtue of anything done for the
		purposes of this section affected with notice of, or put upon inquiry as to, the
		rights of any person in relation to any shares or rights in or with respect to the
		company.”
		Member’s explanatory statement
		This amendment makes it clear that entry in a company’s PSC register does not give rise to any
		obligation on the part of the company to have any regard to the interests of the person so
		registered.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  152,  line  30,  leave out “there were no” and insert “whether there
	are”
		Member’s explanatory statement
		This amendment clarifies that a company must tell those inspecting or receiving a copy of the PSC
		register whether there are any further changes to be made to it.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  152,  line  43,  after “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  152,  line  46,  after “a” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  153,  line  5,  after first “or” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  153,  line  8,  after “or” insert “registrable”
		Member’s explanatory statement
		This amendment is consequential on amendment 108.
	Matthew Hancock
	Jo Swinson
	Schedule  3,  page  153,  line  26,  after second “a” insert “registrable”

• A-Z index
• Glossary
• Contact us
• Freedom of Information
• Jobs
• Using this website
• Copyright