§ 5 Clause 22, page 29, leave out from first ("Act") to ("by").
§ Lord LyellMy Lords, I beg to move that this House doth agree with the Commons in their amendment. I hope that it will be for the convenience of your Lordships' House if, with this amendment, I speak also to Amendments Nos. 6, 11 and 13. The term, "re-registration", has been used in this Bill, but it is now considered that this particular term is not correct, certainly in the context of the first amendment. It had been considered that a change of name by a company would constitute what we call a "re-registration", but opinion has now been expressed that the term should be limited in use to those companies re-registering under Part I of the Companies Act 1980.
A change of name by a company is provided for under Clause 24 of the Bill, and has no other effect, unlike a re-registration under the 1980 Act, which involves consequences such as restrictions on membership and also disclosure as to accounts, as well as various other matters. In order to avoid any ambiguity concerning these terms, we have amended the phraseology. I beg to move.
§ Moved, That this House doth agree with the Commons in the said amendment.—(Lord Lyell.)
Lord Bruce of DoningtonMy Lords, we are glad that the noble Lord has cleared up this point. He will recall that the matter was raised here during the Committee stage and that some of us ventured to express some doubts as to the eternal non-fallibility of the parliamentary draftsmen, saying that perhaps some further thought could be given to this matter. We are very glad that the Government have done so, and entirely support the amendment and the consequential ones.
§ On Question, Motion agreed to.