§ Mr. EyreI beg to move amendment No. 15, in page 12, line 24, after 'holders', insert 'to participate in profits'.
The amendment meets an undertaking that I gave in Committee, in the light of which the hon. Member for Hackney, Central (Mr. Davis) asked leave to withdraw a similar amendment. It meets a small point of concern to the industry.
The only difference between my amendment and that discussed in Committee is that this relates to rights to participate in profits rather than rights to participate in surplus. That will avoid any possible confusion with the term "established surplus", which is defined in the 1974 Act.
§ Amendment agreed to.