Infrastructure Bill [HL]

I thank the Minister for that reply. Again, I apologise for having explained my amendment quite so badly. I accept the point about a special resolution within company law but that would require a block vote and I just do not see that happening. I think that it can be responded to by perhaps having in regulations a maximum individual shareholding. Also, it is not as if this is an IPO. If a certain number of shares are offered, it is not death for the company if they are not all taken up. They can be taken up by other investors, such as perhaps institutional investors. I do not see that as being a problem in this particular case. However, I understand that the numbers I have suggested are not exactly right, and indeed I welcome the fact that we are bringing this forward in any case. I will not press my amendment.