Clause 120
Company Law Reform Bill [Lords]
12:15 pm
Margaret Hodge (Minister of State (Industry and the Regions), Department of Trade and Industry; Barking, Labour)
We have not ignored it. Indeed, it is our view—as I think was expressed in another place—that the issue is covered by what is now clause 787(1)(b), which says that company records
“may be arranged in such manner as the directors of the company think fit”.
That enables companies to keep a separate register if they so wish. The opinion of the commercial registrars whom we consulted on the issue was that that provision covers the arrangement that the hon. Gentleman is proposing. Therefore I hope that he will withdraw his amendment.