Amendment of Price Commission Act 1977

Part of Orders of the Day — Price Commission (Amendment) Bill – in the House of Commons at 12:00 am on 31 January 1979.

Alert me about debates like this

Photo of Sir Frederick Burden Sir Frederick Burden , Gillingham 12:00, 31 January 1979

If a company is looking forward to heavy capital expenditure, it must have adequate cash flow and adequate profits to carry out such expenditure.

Amendment

As a bill passes through Parliament, MPs and peers may suggest amendments - or changes - which they believe will improve the quality of the legislation.

Many hundreds of amendments are proposed by members to major bills as they pass through committee stage, report stage and third reading in both Houses of Parliament.

In the end only a handful of amendments will be incorporated into any bill.

The Speaker - or the chairman in the case of standing committees - has the power to select which amendments should be debated.