Clause 22

Company Law Reform Bill [Lords]

Public Bill Committees, 20 June 2006

Entrenched provisions of the articles

Amendment proposed [this day]: No. 81, in clause 22, page 9, line 3, leave out paragraph (a).—[Margaret Hodge.]

Question again proposed, That the amendment be made.

4:30 pm
Photo of John Bercow

John Bercow (Buckingham, Conservative)

I remind the Committee that with this we are discussing the following: amendment No. 8, in clause 22, page 9, line 3, leave out from ‘repealed' to end of line 6.

Government amendment No. 83.

Clause stand part.

Amendment No. 9, in clause 23, page 9, line 18, leave out subsection (2).

Amendment No. 48, in clause 23, page 9, line 22, leave out subsections (3) and (4).

Amendment No. 23, in clause 112, page 50, line 17, after ‘addresses', insert

‘(which, for the avoidance of doubt, need not be a home address)'.

Clause 23 stand part.

Amendment No. 10, in clause 24, page 9, line 28, after ‘articles', insert ‘by unanimous resolution'.

Amendment No. 11, in clause 24, page 9, line 28, after ‘articles', insert

‘by unanimous resolution less one vote'.

Amendment No. 12, in clause 24, page 9, line 28, after ‘articles', insert

‘by a resolution of at least 90% of its members'.

Clause 24 stand part.

Photo of Jonathan Djanogly

Jonathan Djanogly (Shadow Solicitor General (Also Shadow Minister for Trade and Industry), Law Officers (Assist the Home Affairs Team); Huntingdon, Conservative)

Mr. Bercow, I welcome you to the Chair. I understand that it is your first Bill Committee, and what a Committee to be put on. I was trying to think of some relevant Chinese proverb, but it is highly interesting, and all good stuff. We welcome you, and I am sure that you will make an excellent Chairman.

We were discussing clauses 22, 23 and 24 at some length. I tend to agree with the Minister. During some of her last remarks, we started to turn the wheel around again, so I do not intend to go on at length. We have made clear our objections not only to the  mechanics, but to the principle of clause 22. For that reason, I will recommend to my hon. Friends that we vote against clause stand part.

Question put, That the amendment be made:—

The Committee divided: Ayes 11, Noes 2.

Question accordingly agreed to.

Amendments made: Government Amendment No. 82, in clause 22, page 9, line 4, leave out ‘altered' and insert ‘amended'.

Government amendment No. 83, in clause 22, page 9, line 11, at end insert—

‘( ) Provision for entrenchment does not prevent amendment of the company's articles by agreement of all the members of the company.'.—[Margaret Hodge.]

Motion made, and Question put, That the clause, as amended, stand part of the Bill.

The Committee divided: Ayes 13, Noes 6.

Question accordingly agreed to.

Clause 22, as amended, ordered to stand part of the Bill.