HL Deb 27 October 1981 vol 424 c1022

129 After Clause 56, insert the following new clause:

("Registration of interests disclosed under section (Power of company to require information with respect to interests in its voting shares).

.—(1) Whenever in pursuance of a requirement imposed on any person under section (Power of company to require information with respect to interests in its voting shares) of this Act a company receives any information to which this section applies relating to shares comprised in relevant share capital of the company it shall be under an obligation to inscribe against the name of the registered holder of those shares in a separate part of its register of interests in shares—

  1. (a) the fact that the requirement was imposed and the date on which it was imposed; and
  2. (b) any information to which this section applies received in pursuance of the requirement.

(2) This section applies to any information received in pursuance of a requirement imposed under section (Power of company to require information with respect to interests in its voting shares) which relates to the present interests held by any persons in shares comprised in relevant share capital of the company in question.

(3) Subsections (3) to (10) of section (Register of interests in shares) of this Act shall apply in relation to the part of the register maintained in accordance with subsection (1) above as they apply in relation to the remainder of the register, reading references to subsection (1) of that section as including references to subsection (1) above.").

Lord Trefgarne

My Lords, as with the previous amendment, this also is consequential. I beg to move that this House doth agree with the Commons in their amendment.

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

On Question, Motion agreed to.