moved Amendment No. A244:
"Page 391, line 12, leave out subsection (5)."
The noble Baroness said: Amendment No. 244 deletes Clause 825(5) on a probing basis. That clause provides that an order appointing an independent supervisor may contain such requirements or other provisions as appear to the Secretary of State to be appropriate. I turned eagerly to the Explanatory Notes to find out what this was about, but I will not surprise the Minister when I tell him that there was nothing in the notes.
Since Clause 826 sets out pretty clearly what the independent supervisor must do, I am not at all clear what extra things the Secretary of State would want to say when he appoints the independent supervisor. I invite the Minister to set out what the purpose of this power is and how the Government intend to use it. I beg to move.
Company Law Reform Bill [HL]
Proceeding contribution from
Baroness Noakes
(Conservative)
in the House of Lords on Thursday, 30 March 2006.
It occurred during Debate on bills
and
Committee proceeding on Company Law Reform Bill [HL].
Type
Proceeding contribution
Reference
680 c430GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2024-12-17 19:40:22 +0000
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