Clause 77
Company Law Reform Bill [Lords]
1:45 pm
James Brokenshire (Hornchurch, Conservative)
I hear what the Minister says about amendment No. 142, clause 79 and the deregulatory nature of the measure. As I said in my opening remarks, I am not against that deregulation and the requirement for flexibility. My concern is to ensure that there are no unintended consequences and that people are clear about which company they are a member of.
I listened carefully to the Minister and I note that she does not necessarily believe that there is an evil that needs curing. However, this is a matter that we should keep under review to ensure that no prejudice arises.
I am grateful to the Minister for her comments on amendment No. 143, which were most helpful in ensuring that matters are as clear as possible. I beg to ask leave to withdraw the amendment.