My Lords, I am grateful to the Minister for that response. I take at least half the blame, having got the wrong amendment down in the first place. I understand the wish we share to facilitate electronic communications as a means of saving money. That is a perfectly clear and sensible way to proceed. The noble Lord made a number of points—for example, that a member can withdraw at any time and that powers exist under Clause 762. I understand that. Is it likely that those facts will be shown on the website? Ordinary shareholders coming to the website will not be aware of the privileges and powers that exist for them under Clause 762. It would be helpful if the website stated, ““If you want this in hard copy, you may apply for it””. Is it part of the Government’s thinking that if people wish to take advantage of such things, they will be encouraged to think of alternative ways?
Company Law Reform Bill [HL]
Proceeding contribution from
Lord Hodgson of Astley Abbotts
(Conservative)
in the House of Lords on Tuesday, 16 May 2006.
It occurred during Debate on bills on Company Law Reform Bill [HL].
Type
Proceeding contribution
Reference
682 c232-3 
Session
2005-06
Chamber / Committee
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