Commonwealth Development Corporation Bill [H.L.]

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House of Lords

Session 1998-99
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Other Bills before Parliament

Commonwealth Development Corporation Bill [H.L.]

This is the text of the Commonwealth Development Corporation Bill [H.L.], as amended on Report in the House of Lords and printed on 2nd March 1999.

Commonwealth Development Corporation Bill [H.L.]

ARRANGEMENT OF CLAUSES

Registration under the Companies Act 1985

Clause

1. Initial steps by Secretary of State.

2. Filing of documents.

3. Appointing day for registration.

4. Registration.

5. Effect of registration.

6. Initial allotment of shares.

7. Repeal of 1978 Act: savings, &c.

Financial assistance by Government

8. Old loans, advances and guarantees.

9. New loans.

10. New guarantees.

11. Guarantees: supplemental.

12. Other assistance.

13. Accounts.

14. Waiver of payments.

15. Limit on government assistance.

Miscellaneous

16. Requirement to issue securities.

17. Acquisition of securities.

18. Minimum Crown shareholding.

19. Securities held by or for Crown.

20. Trustee Investments Act 1961.

21. Treasury consent.

22. House of Commons Disqualification, &c.

23. Powers and duties of Corporation before registration.

General

24. Interpretation: companies and shares.

25. Interpretation: general.

26. Repeals.

27. Short title and extent.

SCHEDULES:

    Schedule 1 - Documents to be filed.

    Schedule 2 - Modification of Companies Act 1985, &c..

    Part I - Modifications before registration.

    Part II - Modifications on and after registration.

    Schedule 3 - Repeals.

© Parliamentary copyright 1999
Prepared 3 March 1999