§ Mr. RAMSBOTHAMasked the President of the Board of Trade whether he is aware of cases in which a company director is by alteration of articles of association redescribed as a managing director, in order to escape the obligation, under Section 128 (1) (c) of the Companies Act, 1929, to disclose his remuneration; and whether, as a result of this evasion of the intention of the Act, he will consider amending the law so as to remedy the flaw in the Act thus disclosed?
§ Mr. W. R. SMITHI have seen some references to this matter in the Press. The provision in question has been in operation for so short a time that I am disposed to think that it would be desirable to have further experience before considering an amendment of the law, but I have noted the hon. Member's suggestion.