I will just interrupt the Minister on that point. This is entirely to do with the narrow way in which the courts have so far construed ““principal purpose””. The amendments are an attempt to come up with a phrase that is wider than ““principal purpose”” as currently defined by the courts. It is as simple as that.
Company Law Bill [HL]
Proceeding contribution from
Lord Razzall
(Liberal Democrat)
in the House of Lords on Monday, 20 March 2006.
It occurred during Debate on bills
and
Committee proceeding on Company Law Bill [HL].
Type
Proceeding contribution
Reference
680 c24GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2024-04-22 01:42:24 +0100
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