§ Clause 73, page 58, line 8, at end, insert ("whether within or without the area")
§ "(b) of any financial interest (whether as a partner or shareholder or as a result of any loan, guarantee, or other financial transaction) which any other person providing passenger transport facilities has in the business of the applicant or holder of the licence, and in the case of the applicant or holder who is a company of any right which any such person as aforesaid has to nominate any director of the company;
§ "(c) of any such interest or right as aforesaid which the applicant or holder has in the business of any other person who provides passenger transport facilities within the area of the Commissioners.")
EARL RUSSELLMy Lords, I beg to to move that this House doth agree with the Commons in the said Amendment with an Amendment—namely, in line 7, after "facilities," insert "or controlling (either solely or in conjunction with any other person) the business of any person who provides such facilities." The object of the other Amendments was that the clause should not require the disclosure of unimportant verbal under standings. This provides for the disclosure by an applicant for a road service licence of any interest he has in any other business for providing such transport facilities. The object is to cover holding companies, which are largely in existence in this business, and to see that they are brought into the provisions of the clause which otherwise, as drafted, they might escape.
§
Amendment to the Commons Amendment moved—
Line 7, after ("facilities") insert ("or controlling (either solely or in conjunction with any other person) the business of any person who provides such facilities").—(Earl Russell.)
§ On Question, Amendment to the Commons Amendment agreed to.
§ Moved, That this House doth agree with the Commons in the said Amendment, as amended.—(Earl Russell.)
§ On Question, Motion agreed to.