Is the noble Lord sure of what he just said? He said that a subsidiary company in a chain of subsidiaries would not be a small company. I would want to be absolutely certain of that. My impression is rather the reverse: if it has minimal paid-up capital, as indeed it could, how would it be caught?
Small Business, Enterprise and Employment Bill
Proceeding contribution from
Lord Phillips of Sudbury
(Liberal Democrat)
in the House of Lords on Monday, 19 January 2015.
It occurred during Debate on bills
and
Committee proceeding on Small Business, Enterprise and Employment Bill.
Type
Proceeding contribution
Reference
758 c308GC 
Session
2014-15
Chamber / Committee
House of Lords Grand Committee
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Timestamp
2021-10-12 15:29:39 +0100
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