§ [No. 83.]
§
Clause 29, page 31, line 20, leave out paragraph (d) and insert—
("(d) any such interests, or interests of such class, as may be prescribed for the purposes of this paragraph by regulations made by the Board of Trade by statutory instrument;
and a definition of a class of interests for the purposes of regulations made under paragraph (e) of this subsection may be framed by reference to any circumstances whatsoever.")
§ LORD BROWNMy Lords, I beg to move that this House doth agree with the Commons in Amendment No. 83. This is a minor Amendment. The clause requires a person who has an important interest in the voting shares of a quoted company to notify the company of the interest and any change in it. The Amendment widens the interest which may be prescribed and makes clear that "prescribed" means prescribed by Statutory Instrument.
§ Moved, That this House doth agree with the Commons in the said Amendment.—(Lord Brown.)
§ On Question, Motion agreed to.