I doubt that. We are moving the extra line to where a company has made a decision to change its auditors, which will be reported to the members of the company. There may be a number of reasons for that, but the report will be suitable for the annual general meeting, and other issues, personal or related to performance, may be covered by it. As I have said, in a number of these areas, we are drawing lines. Where there is a relationship between a company and its auditors, I just wonder whether it would be entirely conducive to good working relations between them if a reason for dismissal which was extremely damaging to the auditors was privileged in this way.
Defamation Bill
Proceeding contribution from
Lord McNally
(Liberal Democrat)
in the House of Lords on Thursday, 17 January 2013.
It occurred during Debate on bills
and
Committee proceeding on Defamation Bill.
Type
Proceeding contribution
Reference
742 c319GC 
Session
2012-13
Chamber / Committee
House of Lords Grand Committee
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2015-03-26 19:26:27 +0000
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