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Companies Bill [HL] (formerly Company Law Reform

Bill [HL])

lords disagreements, amendments in lieu and reasons

[The page and line references are to Bill 190, the bill as first printed for the Commons.]

Clause 399

commons amendment no. 245

245

Page 183, line 35, at end insert “; and

 

(c)    

information about persons with whom the company has

 

contractual or other arrangements which are essential to the

 

business of the company.”

 

lords disagreement and amendments in lieu

 

The Lords disagree to Commons Amendment 245, but propose amendments 245A and

 

245B in lieu—

245A

Page 183, line 35, at end insert “; and

 

(c)    

subject to subsection (11), information about persons with whom

 

the company has contractual or other arrangements which are

 

essential to the business of the company.”

245B

Page 184, line 16, at end insert—

 

“(11)    

Nothing in subsection (5)(c) requires the disclosure of information about a

 

person if the disclosure would, in the opinion of the directors, be seriously

 

prejudicial to that person and contrary to the public interest.”

After Clause 635

commons amendment no. 671

671

Insert the following new Clause—

 

“General power to make further provision by regulations

 

(1)    

The Secretary of State may by regulations modify the provisions of this

 

Part.

 

(2)    

The regulations may—

 

(a)    

amend or repeal any of the provisions of this Part, or

 
 
Bill 245 54/1

 
 

Companies Bill [HL] (

2

 
 

(b)    

make such other provision as appears to the Secretary of State

 

appropriate in place of any of the provisions of this Part.

 

(3)    

Regulations under this section may make consequential amendments or

 

repeals in other provisions of this Act, or in other enactments.

 

(4)    

Regulations under this section are subject to affirmative resolution

 

procedure.”

 

The Lords disagree to Commons Amendment 671 for the following Reason—

671A

Because it is not appropriate to confer a power to amend the provisions relating to company

 

distributions

Clause 857

commons amendment no. 954

954

Page 416, line 1, leave out subsection (3)

 

lords disagreement and reason

 

The Lords disagree to Commons Amendment 954 for the following Reason—

954A

Because it is appropriate for the Independent Supervisor to be designated under section 5

 

of the Freedom of Information Act 2000

Clause 881

commons amendment no. 957

957

Page 428, line 33, leave out subsection (3)

 

lords disagreement and reason

 

The Lords disagree to Commons Amendment 957 for the following Reason—

957A

Because it is appropriate for a body exercising the Secretary of State’s functions under Part

 

35 to be designated under section 5 of the Freedom of Information Act 2000


 
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