Clause 72
Legal Services Bill [Lords]
8:45 pm
Jonathan Djanogly (Shadow Solicitor General (Also Shadow Minister for Trade and Industry), Law Officers (Assist the Home Affairs Team); Huntingdon, Conservative)
Clause 72 tells us what is a licensable body. The Government’s amendments to it are technical in nature and are intended to ensure that the controls on the fitness to own are fully effective, particularly in relation to what constitutes an interest in a body. That is acceptable to us.
Will the Minister confirm that in amendmentNo. 111, for the purposes of the proposed subsection (2A), the words
“holds shares in the body”
will include the holding of a beneficial interest as well as a legal one? Where is that defined?