§ '(1) A company employing two thousand or more employees shall establish a supervisory board and a management board in accordance with the Code of Practices set out in Schedule (Code of Practice) to this Act.
§ (2) The members of a supervisory board and of a management board established pursuant to subsection (1) above shall have the same powers, duties and liabilities as any other director of a company.'.—[Mr. Radice.]
§ Brought up, and read the First time.
§ Mr. Giles Radice (Chester-le-Street)I beg to move, That the clause be read a Second time.
Mr. Deputy Speaker (Mr. Bryant Godman Irvine)With new clause 27 it will be convenient to take amendment No. 343, which proposes to insert a new schedule: