HC Deb 26 October 1989 vol 158 cc1130-266
    cc1130-257
  1. Companies Bill [Lords] 9 words
    1. Schedule 2
      1. SCHEDULE 4A TO THE COMPANIES ACT 1985
        2. c1130
      2. FORM AND CONTENT OF GROUP ACCOUNTS 188 words
    2. Clause 6
        3. cc1130-1
      1. ADDITIONAL DISCLOSURE REQUIRED IN NOTES TO ACCOUNTS 360 words
      c1131
    3. Schedule 3 7 words
      1. DISCLOSURE OF INFORMATION: RELATED UNDERTAKINGS
      2. PART I
        3. c1131
      3. COMPANIES NOT REQUIRED TO PREPARE GROUP ACCOUNTS 266 words
    4. Schedule 4
        5. c1132
      1. DISCLOSURE OF INFORMATION: EMOLUMENTS AND OTHER BENEFITS OF DIRECTORS AND OTHERS 241 words
    5. Clause 9
        6. c1132
      1. AUDITORS' REPORT 70 words
    6. Clause 10
        7. c1132
      1. PUBLICATION OF ACCOUNTS AND REPORTS 53 words
    7. Clause 11
        8. cc1132-3
      1. LAYING AND DELIVERING OF ACCOUNTS AND REPORTS 240 words
    8. Clause 12
        9. cc1133-6
      1. REMEDIES FOR FAILURE TO COMPLY WITH ACCOUNTING REQUIREMENTS 1,522 words
    9. Clause 14
        10. c1136
      1. DORMANT COMPANIES 289 words
    10. Schedule 7
        11. c1136
      1. SPECIAL PROVISIONS FOR BANKING AND INSURANCE COMPANIES AND GROUPS 124 words
    11. Clause 20
        12. c1137
      1. POWER TO ALTER ACCOUNTING REQUIREMENTS 45 words
    12. Clause 21
        13. c1137
      1. PARENT AND SUBSIDIARY UNDERTAKINGS 16 words
    13. Clause 22
        14. c1137
      1. OTHER INTERPRETATION PROVISIONS 133 words
    14. Schedule 10
        15. cc1137-41
      1. AMENDMENTS CONSEQUENTIAL ON PART I 1,632 words
          2. c1140
        1. 'Aircraft and Shipbuilding Industries Act 1977 (c.3) 84 words
          2. c1140
        2. Crown Agents Act 1979 (c.43) 77 words
          3. c1140
        3. 'Oil and Pipelines Act 1985 (c. 62) 60 words
          4. cc1140-1
        4. Patents, Designs and Marks Act 1986 (c. 39) 122 words
          5. c1141
        5. Income and Corporation Taxes Act 1987 (c.1) 69 words
          6. c1141
        6. Dartford-Thurrock Crossing Act 1988 (c.20) 79 words
    15. New Clause A
        16. cc1141-5
      1. POWER TO MAKE CONSEQUENTIAL AMENDMENTS 2,083 words
    16. New Clause 18
        17. c1145
      1. POWER TO MAKE PROVISION IN CONSEQUENCE OF CHANGES AFFECTING ACCOUNTANCY BODIES 111 words
    17. Clause 24
        18. c1145
      1. INTRODUCTION 32 words
    18. Schedule 11
        19. cc1145-52
      1. RECOGNITION OF SUPERVISORY BODY 186 words
          2. cc1145-52
        1. `Taking account of costs of compliance 3,754 words, 1 division
    19. Schedule 12
        20. cc1152-4
      1. RECOGNITION OF PROFESSIONAL QUALIFICATION 947 words
    20. Clause 43
        21. cc1154-5
      1. TIME LIMITS FOR PROSECUTION OF OFFENCES 299 words
    21. Clause 52
        22. c1155
      1. MINOR DEFINITIONS 29 words
    22. Clause 53
        23. c1155
      1. INDEX OF DEFINED EXPRESSIONS 19 words
    23. New Clause 45
        24. c1155
      1. INVESTIGATION OF UNREGISTERED COMPANIES 180 words
    24. New Clause 46
        25. cc1155-6
      1. AMENDMENT OF THE BUILDING SOCIETIES ACT 1986 381 words
    25. New Clause 47
        26. cc1156-7
      1. AMENDMENTS OF THE BANKING ACT 1987 282 words
    26. Clause 62
        27. c1157
      1. SECRETARY OF STATE'S POWER TO REQUIRE PRODUCTION OF DOCUMENTS 66 words
    27. Clause 64
        28. c1157
      1. PROVISION FOR SECURITY OF INFORMATION OBTAINED 23 words
    28. Clause 65
        29. c1157
      1. PUNISHMENT FOR DESTROYING, MUTILATING, &C. COMPANY DOCUMENTS 47 words
    29. Clause 84
        30. c1157
      1. EXERCISE OF POWERS IN RELATION TO NORTHERN IRELAND 41 words
    30. New Clause 20
        31. cc1158-9
      1. CHARGES REQUIRING REGISTRATION 14 words
          2. c1158
        1. Registration in the company charges register Introductory provisions 144 words
          2. cc1158-9
        2. Charges requiring registration 747 words
    31. New Clause 21
        32. c1159
      1. THE COMPANIES CHARGES REGISTER 13 words
          2. c1159
        1. The Companies Charges Register 160 words
    32. New Clause 22
        33. cc1160-1
      1. DELIVERY OF PARTICULARS FOR REGISTRATION 14 words
          2. c1160
        1. Company's duty to deliver particulars of charge for registration 262 words
          2. c1160
        2. Effect of failure to deliver particulars of registration 202 words
          3. cc1160-1
        3. Late delivery of particulars 528 words
    33. New Clause 23
        34. cc1161-2
      1. DELIVERY OF FURTHER PARTICULARS 14 words
          2. cc1161-2
        1. Delivery of further particulars 165 words
    34. New Clause 24
        35. c1162
      1. EFFECT OF OMISSIONS AND ERRORS IN REGISTERED PARTICULARS 14 words
          2. c1162
        1. Effect of omissions and errors in registered particulars 320 words
    35. New Clause 25
        36. cc1162-3
      1. MEMORANDUM OF CHARGE CEASING TO AFFECT COMPANY'S PROPERTY 13 words
          2. cc1162-3
        1. Memorandum of charge ceasing to affect company's property 269 words
    36. New Clause 26
        37. cc1163-4
      1. FURTHER PROVISIONS WITH RESPECT TO VOIDNESS OF CHARGES 14 words
        1. FURTHER PROVISIONS WITH RESPECT TO VOIDNESS OF CHARGES
            2. c1163
          1. Exclusion of voidness as against unregistered charges. 142 words
            2. c1163
          2. Restrictions on voidness by virtue of this Part. 73 words
            3. cc1163-4
          3. Effect of exercise of power of sale. 502 words
            4. c1164
          4. Effect of voidness on obligation secured 222 words
    37. New Clause 27
        38. cc1164-6
      1. ADDITIONAL INFORMATION TO BE REGISTERED 14 words
          2. cc1164-5
        1. Additional information to be registered Particulars of taking up of issue of debentures 132 words
          2. c1165
        2. Notice of appointment of receiver or manager, &c. 182 words
          3. cc1165-6
        3. Notice of crystallisation of floating charge, &c. 710 words
    38. New Clause 28
        39. cc1166-7
      1. COPIES OF INSTRUMENTS AND REGISTER TO BE KEPT BY THE COMPANY 13 words
          2. cc1166-7
        1. COPIES OF INSTRUMENTS AND REGISTER TO BE KEPT BY COMPANY 14 words
            2. cc1166-7
          1. Copies of instruments and register to be kept by company Duty to keep copies of instruments and register 143 words
            2. c1167
          2. Inspection of copies and register 224 words
    39. New Clause 29
        40. cc1167-8
      1. POWER TO MAKE FURTHER PROVISION BY REGULATIONS 14 words
          2. cc1167-8
        1. Supplementary provisions Power to make further provision by regulations. 361 words
    40. New Clause 30
        41. cc1168-9
      1. OTHER SUPPLEMENTARY PROVISIONS 14 words
          2. cc1168-9
        1. Date of creation of charge 228 words
            2. c1168
          1. Prescribed particulars and related expressions 175 words
            2. c1168
          2. Notice of matters disclosed on register 111 words
            3. cc1168-9
          3. Power of court to dispense with signature 204 words
      2. New Clause 31
          3. cc1169-70
        1. INTERPRETATION, & C. 14 words
            2. c1169
          1. Regulations 46 words
            2. c1169
          2. Minor definitions 248 words
            3. cc1169-70
          3. Index of defined expressions 181 words
      3. New Clause 32
          4. c1170
        1. CHARGES ON PROPERTY OF OVERSEAS COMPANY 102 words
      4. Schedule 16
          5. cc1170-4
        1. AMENDMENTS CONSEQUENTIAL TO PART IV 168 words
            2. c1170
          1. 'CHARGES ON PROPERTY OF OVERSEA COMPANIES 13 words
          2. CHAPTER III REGISTRATION OF CHARGES
              3. c1171
            1. Introductory provisions 140 words
              2. c1171
            2. Charges requiring registration 180 words
              3. c1171
            3. The register 90 words
              4. cc1171-2
            4. Company's duty to deliver particulars of charges for registration 323 words
              5. c1172
            5. Registrar to whom particulars, &c. to he delivered 263 words
              6. c1172
            6. Effect of failure to deliver particulars, late delivery and effect of errors and omissions 150 words
              7. c1172
            7. Delivery of further particulars or memorandum. 33 words
              8. cc1172-3
            8. Further provisions with respect to voidness of charges 126 words
              9. c1173
            9. Additional information to be registered 97 words
              10. c1173
            10. Copies of instruments and register to be kept by company. 81 words
              11. c1173
            11. Power to make further provision by regulations 88 words
              12. c1173
            12. Provisions as to situation of property 187 words
              13. cc1173-4
            13. Other supplementary provisions 204 words
      5. New Clause 33
          6. cc1174-6
        1. EFFECTING OF INSURANCE FOR OFFICERS AND AUDITORS OF COMPANY 150 words
            2. cc1174-6
          1. Insurance effected for officers or auditors 1,307 words
      6. New Clause 34
          7. cc1176-9
        1. COMPANY CONTRACIS AND EXECUTION OF DOCUMENTS BY COMPANIES 32 words
            2. c1177
          1. Company contracts: England and Wales. 79 words
            2. c1177
          2. Execution of documents England and Wales. 270 words
            3. cc1177-8
          3. Execution of documents: Scotland 380 words
            4. cc1178-9
          4. Pre-incorporation contracts, deeds and obligations 758 words
      7. New Clause 8
          8. cc1179-84
        1. DAMAGES 2,579 words
    41. New Clause 9
        42. cc1185-95
      1. EMPLOYEES' RIGHTS TO INFORMATION 5,912 words, 1 division
    42. New clause 52
        43. c1195
      1. ORDERS IMPOSING RESTRICTIONS ON SHARES 180 words
    43. New clause 49
        44. cc1195-6
      1. ISSUE OF REDEEMABLE SHARES 42 words
          2. c1196
        1. Terms and manner of redemption 289 words
    44. New Schedule 151
      1. `COMPANY CONTRAUIS, SEALS, &C.: FURTHER PROVISIONS
          2. c1196
        1. Execution of deeds abroad 76 words
          2. c1196
        2. Official seal for use abroad 108 words
          3. cc1196-7
        3. Official seal for share certificates, &c 61 words
          4. c1197
        4. Authentication of documents 50 words
          5. c1197
        5. Share certificate as evidence of title 16 words
          6. c1197
        6. Certificate to be evidence of title. 60 words
          7. c1197
        7. Share warrants to bearer 18 words
          8. c1197
        8. Issue and effect of share warrant to bearer. 119 words
          9. c1197
        9. Identification of company on common seal 53 words
          10. c1197
        10. Floating charges under Scots law 223 words
    45. Clause 101
        46. c1198
      1. A COMPANY'S OBJECTS AND THE POWER OF DIRECTORS TO BIND IT 558 words
    46. Clause 102
        47. cc1198-9
      1. INVALIDITY OF CERTAIN TRANSACTIONS INVOLVING DIRECTORS 487 words
    47. Clause 103
        48. c1199
      1. STATEMENT OF COMPANY'S OBJECTS 27 words
          2. c1199
        1. Statement of company's objects: general commercial company 78 words
        2. Resolution to alter objects
    48. Clause 104
        49. c1200
      1. CHARITABLE COMPANIES 401 words
    49. Clause 105
        50. cc1200-1
      1. CHARITABLE COMPANIES (SCOTLAND) 372 words
    50. Clause 112
        51. cc1201-2
      1. APPOINTMENT OF AUDITORS 12 words
          2. cc1201-2
        1. 'Dormant company exempt from obligation to appoint auditors 372 words
    51. Clause 113
        52. c1202
      1. RIGHTS OF AUDITORS 27 words
          2. c1202
        1. 'Rights to information 453 words
    52. Clause 116
        53. c1203
      1. STATEMENT BY PERSON CEASING TO HOLD OFFICE AS AUDITOR 73 words
    53. Clause 120
        54. c1203
      1. SUPPLEMENTARY PROVISIONS AS TO COMPANY RECORDS AND RELATED MATTERS 47 words
    54. Clause 122
        55. c1203
      1. MEMBERSHIP OF HOLDING COMPANY 14 words
    55. Clause 123
        56. c1203
      1. ABOLITION OF REQUIREMENT TO HAVE COMPANY SEAL 14 words
    56. Clause 126
        57. c1203
      1. ADDITIONAL REQUIREMENTS FOR RECOGNITION: DEFAULT RULES, & C. 56 words
    57. Clause 129
        58. cc1203-4
      1. ANNUAL RETURNS 407 words
    58. Clause 132
        59. c1204
      1. ABOLITION OF DOCTRINE OF DEEMED NOTICE 93 words
    59. Clause 133
        60. cc1204-5
      1. RIGHTS OF INSPECTION AND RELATED MATTERS 99 words
    60. Clause 134
        61. c1205
      1. DISCLAIMER OF PROPERTY, RESCISSION OF CONTRACTS, &C. 61 words
    61. Schedule 18
        62. cc1205-7
      1. MINOR AMENDMENTS OF THE COMPANIES ACT 1985 12 words
          2. cc1205-7
        1. 'Correction of cross-reference 782 words
            2. c1206
          1. 'Meaning of "officer who is in default" 28 words
            2. cc1206-7
          2. Offences committed by partnerships and other unincorporated bodies 244 words
      2. New Clause 12
          3. cc1207-17
        1. MERGER REFERENCES 5,284 words, 1 division
      3. Clause 139
          4. cc1217-23
        1. TEMPORARY RESTRICTIONS ON SHARE DEALING 551 words
          1. 'COMPANY CONTRACTS, SEALS, &C.: FURTHER PROVISIONS
              2. cc1218-23
            1. Execution of deeds abroad 76 words
                2. c1218
              1. Official seal for use abroad 110 words
                2. c1218
              2. Official seal for share certificates, &c. 60 words
                3. c1218
              3. Authentication of documents 50 words
                4. c1218
              4. Share certificate as evidence of title 16 words
                5. c1218
              5. Certificate to be evidence of title 60 words
                6. c1218
              6. Share warrants to bearer 18 words
                7. cc1218-9
              7. Issue and effect of share warrant to bearer 124 words
                8. c1219
              8. Identification of company on common seal 53 words
                9. cc1219-23
              9. Floating charges under Scots law 2,396 words
        2. Clause 139
            3. c1223
          1. TEMPORARY RESTRICTIONS ON SHARE DEALINGS 90 words
        3. Clause 140
            4. c1223
          1. OBTAINING CONTROL BY STAGES 32 words
        4. Schedule 19
            5. cc1223-4
          1. AMENDMENTS ABOUT MERGERS AND RELATED MATTERS 365 words
        5. Clause 144
            6. c1224
          1. INTRODUCTION 82 words
        6. Clause 145
            7. c1224
          1. MARKET CONTRACTS 16 words
        7. Clause 146
            8. c1224
          1. ADDITIONAL REQUIREMENTS FOR RECOGNITION: DEFAULT RULES, &C 62 words
        8. Schedule 20
            9. cc1224-6
          1. ADDITIONAL REQUIREMENTS FOR RECOGNITION 213 words
              2. c1225
            1. Content of rules 163 words
              2. c1225
            2. Notification to other parties affected 88 words
              3. cc1225-6
            3. Application of default rules to designated non-members 526 words
        9. Clause 148
            10. c1226
          1. MODIFICATIONS OF THE LAW OF INSOLVENCY 189 words
        10. Clause 149
            11. c1226
          1. PROCEEDINGS OF EXCHANGE OR CLEARING HOUSE TAKE PRECEDENCE OVER INSOLVENCY PROCEDURES 89 words
        11. Clause 151
            12. c1227
          1. SUPPLEMENTARY PROVISIONS AS TO DEFAULT PROCEEDINGS 81 words
        12. Clause 153
            13. c1227
          1. NET SUM PAYABLE ON COMPLETION OF DEFAULT PROCEEDINGS 199 words
        13. Clause 154
            14. cc1227-8
          1. DISCLAIMER OF PROPERTY, RESCISSION OF CONTRACTS, &C. 314 words
        14. Clause 155
            15. c1228
          1. ADJUSTMENT OF PRIOR TRANSACTIONS 230 words
        15. Clause 157
            16. c1228
          1. DELEGATIONS OF FUNCTIONS TO DESIGNATED AGENCY 141 words
        16. Clause 158
            17. c1229
          1. SUPPLEMENTARY PROVISIONS 98 words
        17. Clause 159
            18. c1229
          1. CERTAIN OVERSEAS EXCHANGES AND CLEARING HOUSES 234 words
        18. Clause 161
            19. c1229
          1. MARKET CHARGES 183 words
        19. Clause 162
            20. c1230
          1. MODIFICATIONS OF THE LAW OF INSOLVENCY 49 words
        20. Clause 163
            21. c1230
          1. ADMINISTRATION ORDERS, &C. 498 words
        21. Clause 164
            22. c1231
          1. POWER TO MAKE PROVISION ABOUT CERTAIN OTHER CHARGES 380 words
        22. Clause 165
            23. c1231
          1. APPLICATION OF MARGIN NOT AFFECIED BY SUBSEQUENT INTERESTS 14 words
        23. Clause 167
            24. c1231
          1. PROCEEDINGS AGAINST MARKET PROPERTY BY UNSECURED CREDITORS 33 words
        24. Clause 168
            25. cc1231-2
          1. POWER TO APPLY PROVISIONS TO OTHER CASES 84 words
        25. Clause 169
            26. c1232
          1. POWERS OF COURT IN RELATION TO CERTAIN PROCEEDINGS BEGUN BEFORE COMMENCEMENT 107 words
        26. Clause 170
            27. c1232
          1. INSOLVENCY PROCEEDINGS IN OTHER JURISDICTIONS 91 words
        27. Clause 171
            28. c1232
          1. INDEMNITY FOR CERTAIN ACTS, &C. 19 words
        28. Clause 173
            29. c1232
          1. MEANING OF "DEFAULT RULES" AND RELATED EXPRESSIONS 94 words
        29. Clause 174
            30. c1233
          1. MEANING OF "RELEVANT OFFICEHOLDER" 39 words
        30. Clause 175
            31. c1233
          1. MINOR DEFINITIONS 232 words
        31. Clause 176
            32. cc1233-4
          1. INDEX OF DEFINED EXPRESSIONS 164 words
          2. 'FINANCIAL MARKETS AND INSOLVENCY: PROVISIONS APPLYING TO PRE-COMMENCEMENT CASES
              3. cc1234-6
            1. Introductory 1,521 words
              2. cc1236-7
            2. Market charges 669 words
              3. cc1237-8
            3. Supplementary provisions 517 words
        32. New clause 13
            33. cc1238-43
          1. TAKEOVER PANEL 3,138 words, 1 division
        33. New Clause 51
            34. cc1243-5
          1. AMENDMENT OF FINANCIAL SERVICES ACT 1986 777 words
        34. Clause 177
            35. cc1245-6
          1. STATEMENTS OF PRINCIPLE 747 words
        35. Clause 178
            36. cc1246-7
          1. RESTRICTION OF RIGHT TO BRING ACTION FOR CONTRAVENTION OF RULES, REGULATIONS, &C. 78 words
        36. Clause 179
            37. cc1247-8
          1. APPLICATION OF DESIGNATED RULES AND REGULATIONS TO MEMBERS OF SELF-REGULATING ORGANISATIONS 969 words
        37. Clause 188
            38. cc1248-50
          1. STANDARD OF PROTECTION FOR INVESTORS 864 words
        38. Clause 191
            39. c1250
          1. CONSEQUENTIAL AMENDMENTS AND DELEGATION OF FUNCTIONS ON COMMENCEMENT 118 words
        39. Schedule 21
            40. cc1250-1
          1. CONSEQUENTIAL AMENDMENTS OF THE FINANCIAL SERVICES ACT 1986 176 words
        40. New Clause 43
            41. cc1251-2
          1. PROVISIONS EXTENDING TO NORTHERN IRELAND 682 words
        41. New Clause 44
            42. cc1252-3
          1. MAKING OF CORRESPONDING PROVISION FOR NORTHERN IRELAND 448 words
        42. Clause 197
            43. c1253
          1. BUILDING SOCIETIES: MISCELLANEOUS AMENDMENTS 90 words
        43. Clause 201
            44. cc1253-4
          1. COMMENCEMENT AND TRANSITIONAL PROVISIONS 489 words
        44. Schedule 22
            45. cc1254-6
          1. REPEALS 674 words
          cc1256-7
        45. Title 621 words, 1 division
    cc1258-66
  2. Mr. Ronald Cannon 4,284 words