HL Deb 25 October 1990 vol 522 cc1675-6

247 Schedule 6, page 100, line 44, at end insert: Companies Act 1985 (c. 6) 30A.—(1) The Companies Act 1985 shall be amended as follows.

(2) In section 38(1) (appointment of attorney to execute deeds abroad), the words "under the law of England and Wales" shall cease to have effect.

(3) In section 39(3) (official seal for use abroad), the words "or, in the case of a company registered in Scotland, subscribed in accordance with section 36B," shall cease to have effect.

(4) In section 186 (share certificate to be evidence of title), the words "(or, in the case of a company registered in Scotland, subscribed in accordance with section 36B)" shall cease to have effect.

(5) In section 188(2) (issue and effect of share warrant to bearer), the words "(or, in the case of a company registered in Scotland, subscribed in accordance with section 36B)" shall cease to have effect.

(6) Subsection (2) of section 462 (power of company to create floating charges under Scots law) shall cease to have effect.'.

248 Page 101, line 9, at end insert: `Insolvency Act 1986 (c. 45) 31A. Section 53(3) of the Insolvency Act 1986 (execution of instrument appointing receiver) shall cease to have effect.'.

Lord Fraser of Carmyllie

My Lords, I beg to move that the House do agree with the Commons in their Amendments Nos. 247 and 248 en bloc.

Moved, That the House do agree with the Commons in their Amendments Nos. 247 and 248. —(Lord Fraser of Carmyllie.)

On Question, Motion agreed to.