Small Business, Enterprise and Employment Bill (HL Bill 57)
EXPLANATORY NOTES
Explanatory notes to the Bill, prepared by the Department for Business, Innovation
and Skills, are published separately as HL Bill 57—EN.
EUROPEAN CONVENTION ON HUMAN RIGHTS
Baroness Neville-Rolfe has made the following statement under section 19(1)(a) of the
Human Rights Act 1998:
In my view the provisions of the Small Business, Enterprise and Employment Bill are
compatible with the Convention rights.
Contents
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Part 1
Access to finance
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Assignment of receivables
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Business payment practices
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Financial information about businesses
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Exports
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Presentment of cheques etc
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Payment systems
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Part 2
Regulatory reform
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Streamlined company registration
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Review of business appeals procedures
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Report on investigations under financial regulators’ complaints scheme
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Business impact target
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Secondary legislation: duty to review
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Definitions of small and micro business
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Home businesses
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CMA recommendations
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Liability of bodies concerned with accounting standards
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Part 3
Public sector procurement
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Part 4
The Pubs Code Adjudicator and the Pubs Code
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The Pubs Code Adjudicator
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The Pubs Code
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Arbitration by Adjudicator
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Investigations by Adjudicator
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Advice and guidance by Adjudicator
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Adjudicator’s reporting requirements
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Funding of Adjudicator
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Supervision of Adjudicator
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Supplementary
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Part 5
Childcare and schools
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Part 6
Education evaluation
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Part 7
Companies: Transparency
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Register of people with significant control
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Register of interests disclosed
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Abolition of share warrants to bearer
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Corporate directors
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Shadow directors
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Part 8
Company filing requirements
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Annual return reform
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Additional information on the register
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Directors’ dates of birth
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Statements of capital etc
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Registered office disputes
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Director disputes
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Accelerated strike-off
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Part 9
Directors’ disqualification etc
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New grounds for disqualification
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Determining unfitness
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Director disqualification: other amendments
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Compensation awards
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Consequential amendments and corresponding provision for Northern Ireland
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Bankruptcy: Scotland and Northern Ireland
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110. Disqualification as director: bankruptcy, etc in Scotland and Northern Ireland
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111. Company Directors Disqualification (Northern Ireland) Order 2002:
bankruptcy, etc in England and Wales or Scotland -
112. Disqualification as insolvency practitioner: bankruptcy, etc in Scotland or
Northern Ireland -
113. Disqualification as insolvency practitioner in Northern Ireland: bankruptcy,
etc in England and Wales or Scotland
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Part 10
Insolvency
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Office-holder actions
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Removing requirements to seek sanction
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Position of creditors
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119. Abolition of requirements to hold meetings: company insolvency
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120. Abolition of requirements to hold meetings: individual insolvency
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121. Ability for creditors to opt not to receive certain notices: company insolvency
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122. Ability for creditors to opt not to receive certain notices: individual
insolvency
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Administration
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Small debts
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Trustees in bankruptcy
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Voluntary arrangements
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Progress reports
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Regulation of insolvency practitioners: amendments to existing regime
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Power to establish single regulator of insolvency practitioners
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Part 11
Employment
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Whistleblowing
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Employment tribunals: failure to pay sums
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Employment tribunals: postponements
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National minimum wage
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Exclusivity in zero hours contracts
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Public sector exit payments
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Part 12
General