Amendments proposed to the Company Law Reform Bill [Lords] - continued House of Commons

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Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

316

*Clause     353,     page     158,     line     18,     at end insert 'or, in the case of a claim under section 352(3), by the relevant subsidiary;'.

   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

317

*Clause     353,     page     158,     line     20,     at end insert—

      '(d) that a resolution satisfying the provisions of sections 348 and 349 has been made in connection with the relevant political donation or political expenditure.'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

219

Clause     356,     page     159,     line     30,     leave out subsection (1) and insert—

    '(1)   Subject to the exemptions in subsection (5), a trade union is a political organisation for the purposes of this Part.'.

   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

220

Clause     356,     page     159,     line     33,     at end insert—

    '(3)   In addition to the other requirements set out in this Part, a donation may only be made to a trade union if such trade union currently has in force a political resolution authorising the trade union to apply its funds in the furtherance of political objects and such political resolution authorised donations or expenditure under one or more of the following heads—

      (a) donations to political parties or independent election candidates;

      (b) donations to political organisations other than political parties; or

      (c) political expenditure

    in each case up to a specified amount in the period for which the resolution has effect.

    (4)   For the purposes of subsection (3), "political expenditure" shall have the meaning set out in the Trade Union and Labour Relations (Consolidation) Act 1992 (c.52) and "political resolution" shall have the meaning set out in the Trade Union and Labour Relations (Consolidation) Act 1992 (c.52) save that the reference in section 73(3) of that act to "ten years" shall be deemed to be "four years".

    (5)   A donation to a trade union shall not be a political donation for the purposes of this Part to the extent that it is made—

      (a) to provide or facilitate the provision of education and training of employees of a relevant company;

      (b) to assist the trade union in representing employees of a relevant company;

      (c) to assist the trade union in consulting with and meeting employees of a relevant company;

      (d) to facilitate the investigation of any matter relating to the terms and conditions of any employee of a relevant company;

      (e) to assist or to facilitate negotiations between the trade union and a relevant company and any of its representatives in connection with any complaint or dispute between the company and its employees (or any of them); or

      (f) to otherwise promote good employment relations between a relevant company and its employees.

    For this purpose a relevant company includes the company by which the donation was made, any holding company of the company by which the donation was made, any subsidiary of such holding company or any subsidiary of the company by which the donation was made.'.


   

David Howarth
Lorely Burt
Mark Hunter

261

Clause     357,     page     159,     line     36,     at end insert 'provided that the association itself makes no political donations or political expenditure as defined in sections 346 and 347 in the relevant year.'.


   

David Howarth
Lorely Burt
Mark Hunter

262

Clause     358,     page     160,     line     5,     leave out 'not'.


   

David Howarth
Lorely Burt
Mark Hunter

263

Clause     359,     page     160,     line     23,     at end insert—

    '(5)   No order under this section shall discriminate in favour or against any political party or parties.'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

318

*Clause     360,     page     160,     line     25,     after 'donation', insert 'by a company or a subsidiary of a UK company (as defined in section 352(5))'.

   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

319

*Clause     360,     page     160,     line     30,     at end insert—

    '(1A)   Authorisation under this Part is not needed for donations satisfying the provisions of section 52(2)(b) of the Political Parties, Elections and Referendum Act 2000.'.

   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

320

*Clause     360,     page     160,     line     36,     after 'subsidiary,', insert 'any other'.

   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

321

*Clause     360,     page     160,     line     39,     after 'subsidiary,', insert 'any other'.


   

Margaret Hodge

112

Clause     637,     page     312,     line     30,     at end insert—

      '(iii) any person appointed as an authorised signatory of the company.'.


   

Margaret Hodge

113

Clause     735,     page     365,     line     16,     at end insert 'or

      (ba) is appointed as an authorised signatory of a company,'.


   

Margaret Hodge

267

Clause     857,     page     416,     line     1,     leave out subsection (3).


   

Margaret Hodge

268

Clause     881,     page     428,     line     33,     leave out subsection (3).


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

208

Clause     899,     page     447,     line     8,     at end insert—

    '(9)   The provisions of this section shall also extend to—

      (a) preliminary statements of results and other announcements to the market by listed companies permitted or required by the Disclosure Rules and the Transparency Rules,

      (b) companies with securities quoted on the Alternative Investment Market (AIM), and

      (c) companies admitted to trading on an EEA regulated market in situations when UK law is the applicable law.'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

44

Clause     923,     page     457,     line     33,     leave out 'Company Law Reform' and insert 'Companies'.


   

Jim Cousins

298

*Clause     140,     page     62,     line     29,     at end insert 'and domiciled in the United Kingdom'.

   

Jim Cousins

299

*Clause     140,     page     62,     line     30,     leave out subsection (2) and insert—

    '(2)   A body corporate cannot hold the office of director.'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

265

Clause     141,     page     63,     line     6,     at end insert 'save where the Secretary of State has reasonable grounds for suspecting that the company is carrying on criminal activity in which event the period may be less than one month, as circumstances require.'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

148

Clause     142,     page     63,     line     38,     leave out subsection (5).


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

149

Clause     143,     page     64,     leave out lines 12 and 13.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

150

Clause     144,     page     64,     line     28,     after 'force', insert 'unless, before section 142 comes into force, the company has appointed a natural person over the age of 16 to be a further director.'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

151

Clause     145,     page     64,     line     37,     leave out from first 'made' to end of line 38.

   

Margaret Hodge

104

Clause     145,     page     65,     line     4,     leave out 'altering' and insert 'amending'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

270

Clause     147,     page     65,     line     18,     leave out 'to' and insert ', 149 and'.

   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

152

Clause     147,     page     65,     line     33,     at end insert—

    '(7)   An alternative director is not to be treated as a director for the purposes of—

      (a) sections 147 to 149 (register of directors),

      (b) section 150 (register of directors' residential addresses), and

      (c) section 152 (duty to notify registrar of changes);

    if he is so appointed for less than 1 month.'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

153

Clause     152,     page     67,     line     32,     leave out 'Notice' and insert 'Notices'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

157

Clause     153,     page     68,     leave out line 7.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

158

Clause     154,     page     69,     line     7,     at end insert 'or require that the meeting be adjourned to a date not earlier than 14 days after his representations have been circulated.'.


   

Mr Jonathan Djanogly
Mr Crispin Blunt
James Brokenshire

160

Clause     156,     page     69,     leave out lines 28 and 29.

 
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Prepared 22 Jun 2006