| Amendments proposed to the Company Law Reform Bill [Lords] - continued | House of Commons |
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Mr Jonathan Djanogly 323 Clause 161, page 71, line 3, leave out ', or possibly may conflict,'.
Mr Jonathan Djanogly 322 Clause 161, page 71, line 4, at end insert 'at the time when he seeks authorisation pursuant to subsection (5) below.'.
Mr Jonathan Djanogly 257 Clause 161, page 71, line 11, leave out paragraph (a) and insert—
Mr Jonathan Djanogly 255 Clause 161, page 71, line 21, at end insert—'( ) The authorisation may, in either case, be given by them (unconditionally, or subject to such conditions or limitations as they may specify), either in relation to a particular matter or generally, following receipt by them of a general notice in accordance with section 168.'.
Mr Jonathan Djanogly 167 Clause 161, page 71, line 29, at end add—'(8) Where a conflict or potential conflict arises because of multiple directorships, the duty is not infringed if the director ensures there is no disadvantage to the interests of the company.'.
Mr Jonathan Djanogly 155 Clause 162, page 71, line 31, after 'benefit', insert 'of more than £1,000'.
Mr Jonathan Djanogly 154 Clause 162, page 71, line 44, at end add—'(6) This duty is not infringed if the acceptance of the benefit is approved by the board of the company.'.
Mr Jonathan Djanogly 273 Clause 164, page 72, line 32, leave out subsection (1).
Margaret Hodge 301 Clause 167, page 74, line 17, leave out 'or Northern Ireland'.
Mr Jonathan Djanogly 274 Clause 170, page 75, line 21, at end insert 'provided that, if the company has a secretary, the notice need only be sent to the company secretary.'.
Mr Jonathan Djanogly 275 Clause 170, page 75, line 25, after 'post' insert 'or by facsimile'.
Mr Jonathan Djanogly 276 Clause 174, page 77, line 46, at end add—'(8) Any accidental failure in the procedures to submit a memorandum under the provisions of subsection (5) shall not invalidate the approval of the guaranteed term.'.
Mr Jonathan Djanogly 277 Clause 191, page 86, line 19, leave out '£10,000' and insert '£50,000'.
Mr Jonathan Djanogly 278 Clause 191, page 86, line 26, leave out '£15,000' and insert '£50,000'.
Margaret Hodge 302 Clause 216, page 98, line 32, at end insert—
Mr Jonathan Djanogly 206 Clause 216, page 98, line 36, at end add—'(5) This section does not apply to a provision made by a company ("Company A") in respect of a director of an associated company of Company A—
Margaret Hodge 303 Clause 219, page 99, line 43, leave out from 'disclosure' to end of line 44 and insert 'in the directors' report of—
Margaret Hodge 304 Clause 219, page 100, line 1, leave out 'third party'.
Margaret Hodge 305 Clause 219, page 100, line 9, leave out 'third party'.
Margaret Hodge 306 Clause 220, page 100, line 19, leave out 'third party'.
Margaret Hodge 307 Clause 220, page 100, line 27, leave out 'third party'.
Margaret Hodge 308 Clause 220, page 101, line 5, leave out 'third party'.
Margaret Hodge 309 Clause 220, page 101, line 6, at end insert—'( ) In this section "qualifying indemnity provision" means—
Mr Jonathan Djanogly 258 Clause 225, page 103, line 7, leave out paragraph (b).
Mr Jonathan Djanogly 279 Clause 225, page 103, line 8, at end insert 'save as otherwise provided for in this Act or regulations made pursuant to this Act.'.
Mr Jonathan Djanogly 280 Clause 397, page 182, line 25, after 'reasonable', insert 'and appropriate'.
Mr Jonathan Djanogly 281 Clause 399, page 183, line 9, leave out 'business' and insert 'directors' duties'.
Mr Jonathan Djanogly 282 Clause 399, page 183, line 12, leave out subsection (2) and insert—'(2) The purpose of the business review is to inform members of the company and to help them assess how the company has performed.'.
David Howarth 177 Clause 399, page 183, line 12, leave out 'is to inform' and insert 'includes informing'.
David Howarth 180 Clause 399, page 183, line 12, leave out 'and help' and insert ', helping'.
David Howarth 181 Clause 399, page 183, line 14, at end insert 'assisting potential investors to decide whether to invest in the company and assisting potential customers to decide whether to purchase the company's goods or services'.
Mr Jonathan Djanogly 283 Clause 399, page 183, line 16, after 'fair', insert 'and reasonable'.
David Howarth 178 Clause 399, page 183, line 24, leave out from 'must' to 'include' in line 26.
Mr Jonathan Djanogly 284 Clause 399, page 183, line 25, after 'for', insert 'the members of the company to have'.
Mr Jonathan Djanogly 285 Clause 399, page 183, line 28, leave out 'company's business' and insert 'company'.
Mr Jonathan Djanogly 290 Clause 399, page 183, line 35, leave out 'effectiveness' and insert 'success'.
David Howarth 179 Clause 399, page 183, line 39, leave out from 'must' to 'include' in line 40.
Mr Jonathan Djanogly 291 Clause 399, page 183, line 39, after 'for', insert 'the members of the company to have'.
Mr Jonathan Djanogly 292 Clause 399, page 183, line 40, leave out 'company's business' and insert 'company'.
Mr Jonathan Djanogly 293 Clause 399, page 183, line 41, leave out 'using' and insert 'incorporating'.
Mr Jonathan Djanogly 295 Clause 399, page 184, line 16, at end add—'(11) The directors responsible for preparing the review, whether required by subsection (5) or prepared voluntarily, shall not be liable as a result of—
(13) Nothing in this section shall impose upon any person responsible for preparing the business review a duty to update any statement which has been included in the review.'.
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