Company Law Reform Bill [HL]

had given notice of her intention to move Amendment No. 334D:"Page 245, line 5, leave out from ““company”” to the end of line 6 and insert ““of which the average market value, per member, is at least £1,000 on the day on which the company has first received sufficient requests to satisfy the requirements of this subsection””" The noble Baroness said: I shall refer to the amendment only briefly. It duplicates in substance Amendment No. 300QC which my noble friend Lord Hodgson moved on 1 March and was about how to express trigger points for members representing a certain amount of share capital. This amendment has precisely the same aim as the one the Minister so misguidedly rejected when my noble friend moved it. In view of his rejection at that stage we believed that we would return to it for all of the relevant clauses of the Bill. I shall not weary the Committee by repeating the argument today or further refuting the unsatisfactory answers given by the Minister before. I shall not move the amendment. [Amendment No. 334D not moved.]