HL Deb 27 March 1980 vol 407 cc996-7

83 Clause 20, page 27, line 19, at end insert "(whether on account of the nominal value of the shares or by way of premium)"

84 Clause 20, page 27, line 19, after the words last inserted, insert— (6) References in this section to a holder, in relation to any shares in a company, include references to any person who has an unconditional right to be included in the company's register of members in respect of those shares or to have an instrument of transfer of the shares executed in his favour.

85 Clause 21, page 27, line 31, leave out subsection (3) and insert— (3) Subsection (4) of section 20 above shall apply for the purposes of this section as it applies for the purposes of that.

86 Clause 22, page 28, line 14, leave out from "share" to end of line 18 and insert "except as paid up at least as to one-quarter of the nominal value of the share and the whole of any premium on it."

87 Clause 22, page 28, line 24, leave out "shares" and insert "share"

88 Clause 22, page 28, line 24, leave out from "less" to"and"in line 25 and insert"the value of any consideration actually applied in payment up (to any extent) of the share and any premium on it ".

4.59 p.m.

Lord LYELL

My Lords, I have spoken to these amendments. I now beg to move that this House doth agree with the Commons in their Amendments Nos. 83 to 88 en bloc.

Moved, That the House doth agree with the Commons in the said amendments.—(Lord Lyell.)

On Question, Motion agreed to.