§ 47 Clause 13, page 11, line 5, leave out 'will be' and insert 'is
§ likely to become'.
§ Lord Lucas of ChilworthMy Lords, I beg to move that this House do agree with the Commons in their Amendment No. 47. In speaking to Amendment No. 47, which is designed to refine the drafting of the Bill, I should like also to deal with other amendments which are of a minor technical or drafting or consequential nature to the provisions for the administrative procedure and for receiverships in England and Wales and Scotland. The additional amendments are Nos. 53 to 55, 60, 61, 63, 64, 64A, 67, 69, 70, 75 to 77,81 to 86, 88 to 95, 97 to 100, 102, 106, 107, 110 to 116, 118 to 120, 122 to 127, 127A, 132, 134 to 138, 140, 141, 143to 145, 200, 222, 227 to 229, 231, 233 to 235, 237, 377, 378, 403, 404, 408, 416, 417, 430, 434, 443, 447 to 450, 453 to 455, 501 and 514.
§
53 Page 11, line 25, at end insert—
'(4) Section 518 of the 1985 Act (definition of inability to pay debts) shall apply for the purposes of this section as it applies for the purposes of Chapter II of Part XX of that Act.'
§ 54 Clause 14, page 11, line 27, leave out '(with or without a resolution of its members)' and insert 'or the directors'.
§ 55 Page 11, line 31, after 'court' insert '—(a)'.
§ 60 Clause 15, page 12, line 21, leave out 'or retention of title agreement'.
§ 61 Page 12, line 25, after 'continued' insert 'and no distress may be levied'.
1149§ 63 Page 12, line 30, leave out 'and chattel leasing agreements' and insert 'chattel leasing agreements and retention of title agreements.'
§ 64 Page 12, line 32, leave out 'shall be construed as references to diligence' and insert 'being commenced or continued shall include references to diligence being carried out or having effect and references to distress being levied shall be construed as references to poinding being carried out.'