§ [The references are to Bill No. 168.]
§ Page 1, line 25, leave out ("which he may hold for his own benefit") and insert ("in which he may be beneficially interested").
§
The Commons disagree to the above Amendment but have made the following Amendment to the words so restored to the Bill:
After ("hold")insert("in his own name or in the name of a nominee").
§ VISCOUNT PEELMy Lords, I move that your Lordships do not insist on this Amendment. It is rather a small matter, but I understand that the proposition which your Lordships made possibly goes a little too far. It might affect securities comprised in a marriage settlement and the trustees might not sell and therefore an individual, entirely against his will, would be prevented from sitting on the Board.
§ Moved, That this House doth not insist upon its Amendment and agrees with the 1682 Commons in the Amendment proposed in lieu thereof.—(Viscount Peel.)
§ On Question, Motion agreed to.