Company Law Reform Bill [HL]

My Lords, we feel that it is necessary to draw the line somewhere. When we consulted on this, the practicalities made monitoring the performance of contractors an impossible task and there was no desire to extend monitoring to them. Where there is a group company, these provisions extend to the group. But if one starts to try to monitor the policies of all a company’s contractors against these standards, it is impossible. On Question, amendment agreed to. Clause 395 [Contents of directors’ report: business review]: