HL Deb 27 October 1981 vol 424 cc981-2

61 Clause 42, page 47, leave out lines 6 to 24 and insert— ("(5) In this section "financial assistance" means—

  1. (a) financial assistance given by way of gift;
  2. (b) financial assistance given by way of guarantee, security or indemnity, other than an indemnity in respect of

Lord Mackay of Clashfern

My Lords, I beg to move that this House doth agree with the Commons in their Amendment No. 61.

Moved, That this House doth agree with the Commons in the said amendment.—(Lord Mackay of Clashfern.)

As an amendment to Amendment No. 61:

61A Line 2, after ("assistance") insert ("or his position in respect of any interest in property of any kind").

Lord Wedderburn of Charlton

My Lords, I beg to move formally that this House doth agree with the amendment to the amendment.

Moved, That this House doth agree with the amendment to the amendment.—(Lord Wedderburn of Charlton.)

On Question, amendment to the amendment negatived.

As an amendment to Amendment No. 61:

61B Line 2, at end insert ("or given in respect of any transfer of property not accompanied by adequate consideration;").

Lord Wedderburn of Charlton

My Lords, I beg to move formally that this House doth agree with the amendment to the amendment.

Moved, That this House doth agree with the amendment to the amendment.—(Lord Wedderburn of Charlton.)

On Question, amendment to the amendment negatived.

[Amendment No. 61C not moved.]

On Question, Motion agreed to.