HL Deb 11 September 1972 vol 335 cc27-8

[No. 14]

Clause 15, page 10, line 35, leave out from "property"to end of line 36.

LORD DRUMALBYN

My Lords, I beg to move that this House doth agree with the Commons in their Amendment No. 14. This Amendment deletes some unnecessary words from the clause. Subsection (2)(b) of the clause provides that all the powers of a receiver are subject to the rights of any other holder of a security or charge over the property. The words in 1(c), which repeat this proviso in respect of one particular power, are therefore redundant.

Moved, That this House doth agree with the Commons in the said Amendment.—(Lord Drumalbyn.)

On Question, Motion agreed to.