Amendments proposed to the Transport Bill, As Amended - continued | House of Commons |
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Mr Bernard Jenkin 389 *Page 32, line 21 [Clause 49], at end insert'(5A) The rights accorded to the Crown by the special share under this section shall not be subject to any limitation that may be imposed through the European Communities Act 1972 as amended.'.
Mr Bernard Jenkin 396 *Page 32, line 37 [Clause 49], leave out subsection (9).
Mrs Gwyneth Dunwoody
426 *Page 32, line 39 [Clause 50], leave out subsections (1) to (3) and insert'(1) The Secretary of State, with the approval of the Treasury, may make loans of such amounts as he thinks fit to a company which is wholly owned by the Crown and to which any property rights or liabilities are transferred under a transfer scheme.'
Dr Gavin Strang
444 *Page 32, line 39 [Clause 50], leave out subsections (1) to (3) and insert'(1) The Secretary of State, with the approval of the Treasury, may make loans of such amounts as he thinks fit to a not for profit company to which any property rights or liabilities are transferred under a transfer scheme.'.
Mrs Gwyneth Dunwoody
427 *Page 33, line 29 [Clause 51], leave out subsections (1) to (3) and insert'(1) The Secretary of State or the Treasury, may guarantee the discharge of any financial obligation of a company (the transferee) which is wholly owned by the Crown and to which any property rights are transferred under a transfer scheme.'.
Dr Gavin Strang
445 *Page 33, line 29 [Clause 51], leave out subsections (1) to (3) and insert'(1) The Secretary of State for the Treasury, may guarantee the discharge of any financial obligation of a not for profit company to which any property rights or liabilities are transferred under a transfer scheme.'.
Mr Secretary Prescott 100 Page 33, line 40 [Clause 51], leave out subsection (4) and insert'(4) In the case of a financial obligation incurred before the giving of a guarantee, it is immaterial when the obligation was incurred.'.
Mrs Gwyneth Dunwoody
428 *Page 33, line 43 [Clause 51], leave out subsections (6).
Mrs Gwyneth Dunwoody
429 *Page 34, line 21 [Clause 52], leave out subsections (1) to (3) and insert'(1) The Secretary of State, with the approval of the Treasury, may make grants towards the expenditure of a company which is wholly owned by the Crown and to which any property rights or liabilities are transferred under a transfer scheme.'.
Dr Gavin Strang
446 *Page 34, line 21 [Clause 52], leave out subsections (1) to (3) and insert'(1) The Secretary of State, with the approval of the Treasury, may make grants towards the expenditure of a not for profit company to which any property rights or liabilities are transferred under a transfer scheme.'.
Mrs Gwyneth Dunwoody
430 *Page 34, line 37 [Clause 52], leave out subsection (6).
Mrs Gwyneth Dunwoody
431 *Page 34, line 40, leave out Clause 53.
Dr Gavin Strang
447 *Page 35, line 27, leave out Clause 54.
Mrs Gwyneth Dunwoody
432 *Page 35, line 27 [Clause 54], leave out subsections (1) to (3) and insert'(1) For the purposes of the provisions of the Companies Act 1985 listed in subsection (2) none of the persons listed in subsection (5) is to be regarded as a shadow director of a company which is wholly owned by the Crown and to which any property, rights or liabilities are transferred under a transfer scheme.'.
Mr Secretary Prescott 101 Page 35, line 30 [Clause 54], leave out from 'company' to 'and' in line 31 and insert 'falling within subsection (1A),'.
Mr Secretary Prescott 102 Page 35, line 33 [Clause 54], at end insert'(1A) A company falls within this subsection if it is
Mr Secretary Prescott 103 Page 35, line 35 [Clause 54], after 'be' insert ', or becomes and continues to be,'.
Mrs Gwyneth Dunwoody
433 *Page 36, line 8 [Clause 54], leave out subsection (5) and insert'(1) For the purposes of the provisions of the Companies (Northern Ireland) Order 1996 listed in subsection (4) none of the persons listed in subsection (5) is to be regarded as a shadow direction of a company which is wholly owned by the Crown and to which any property, rights or liabilities are transferred under a transfer scheme.'.
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