Company Law Reform Bill [HL]

moved Amendment No. A203B:"Page 357, line 18, at end insert—" ““(   )   The provisions of sections 750 and 755 apply only to documents or information sent or supplied to or by a company in communications with members, debenture holders and other specified persons.”” The noble Lord said: In moving Amendment No. A203B, I shall speak also to Amendment No. A209A, which concern Clause 750, the sending or supplying of documents or information and Clause 755, the deemed delivery of documents and information sent by post or electronic means. This is another Law Society issue. Clauses 750 and 755 are widely drafted and potentially apply to any information sent to or by a company, including in commercially negotiated contracts which contain provisions about the supply of documents or information which is different from those set out in the Bill. The categories of persons to whom the provisions of these classes apply should surely be restricted to members, debenture holders and other specified persons. An alternative approach would be to amend the clause to contain an express reservation for the contrary provisions in contracts to which the company is a party. These amendments are designed to remedy that deficiency, as we see it. I beg to move.