HL Deb 13 November 1989 vol 512 c1134

358 Schedule 4, page 178, line 16, leave out 'minor'.

359 Page 178, line 28, after 'with', insert 'the management of'.

360 Page 178, leave out lines 44 to 46.

361 Page 180, line 13, at end insert— '(4) References to pensions include benefits otherwise than in cash and in relation to so much of a pension as consists of such a benefit references to its amount are to the estimated money value of the benefit. The nature of any such benefit shall also be disclosed.'.

362 Page 180, line 22, after 'with', insert 'the management of'.

363 Page 180, line 24, after 'with', insert 'the management of'.

364 Page 180, line 43, after 'with', insert 'the management of'.

365 Page 181, line 21, at end insert — '(4) References to amounts paid to or receivable by a person include amounts paid to or receivable by a person connected with him or a body corporate controlled by him (but not so as to require an amount to be counted twice).'.

Lord Strathclyde

My Lords, I beg to move that the House do agree with the Commons in their Amendments Nos. 358 to 365. When the Bill was last before your Lordships substantial improvements were made to the provision relating to the disclosure of directors' emoluments. These amendments further refine those provisions.

Moved, That the House do agree with the Commons in the said amendments. —(Lord Strathclyde.)

Lord Williams of Elvel

My Lords, we agree with the amendments. We were glad to see that the Government amended the Bill in our House in respect of this matter. We believe that they clarify certain outstanding issues and we are grateful.

On Question, Motion agreed to.