§ '(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. 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: