§ 12. Lieut.-Colonel DALRYMPLE WHITEasked the President of the Board of Trade whether, under the proviso contained in Section 2 (2) of the Companies (Particulars as to Directors) Act, 1917, exemption has been granted to any companies registered after 22nd November, 1916, from complying with the provisions of that Section, which requires the publication of the names of the directors on business letters and trade circulars; and, if so, in what circumstances exemption is granted?
§ Sir A. GEDDESNumerous applications have been received for exemption from the 809 provisions of Sub-section (2) of Section 2 of the Companies (Particulars as to Directors) Act, 1917, and exemption has been granted in some cases. Applications for exemption are favourably considered where the name of the company substantially discloses the names of the directors, or, in the case of a large company, the nature of the business, and the directors are British-born subjects who have not changed their name; but each case must depend upon the particular circumstances. Exemption is not, as a rule, granted to a email private company, nor, as a matter of policy, is an exemption granted to a company which owns a newspaper.