UK Parliament / Open data

Company Law Reform Bill [HL]

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.
Type
Proceeding contribution
Reference
680 c430GC 
Session
2005-06
Chamber / Committee
House of Lords Grand Committee
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