Company Law Reform Bill [HL]

My Lords, there are just two simple issues here. One is the question of whether one talks about ““proper”” or ““improper””. I agree with other noble Lords that the issue is whether, in talking about ““not improper use”” or ““proper use””, one will restrict or widen the definition. The clear advice I have is that if one talks about ““not for a proper use””, one is actually providing a wider definition. We are all agreed that we want a wider definition. I cannot see the logic of restricting the use that can be made of this clause.