Company Law Reform Bill [HL]

My Lords, I support the amendments, to which our names are attached. The noble Lord, Lord Sharman, has explained the specific reasons why it would be right for the Freedom of Information Act to apply to the public oversight board and, by extension, to the independent supervisor. There is also a wider reason, which is that when bodies are set up to carry out public functions, it is right and proper that the equivalent freedom of information requirements apply to them and are not avoided by public functions being transferred to bodies in the way set out in the Bill.