Company Law Reform Bill [HL]

In this stand part debate, I confess to using a sledgehammer to crack a nut. We told the Bill team in advance about the nut that we wished to crack. We have no problems with the inclusion of Clause 740; the problem is simply the way that the title of this clause and that of the subsequent clause are at odds. The title of Clause 740 refers to ““transitory provision””. The title of Clause 741 refers to ““transitional provision””. We argue, simply for the sake of consistency, that to avoid any possible confusion caused by using different terminology in consecutive clauses, one or the other formulation should be adopted.