New Clause 3 - Effectiveness of provisions on former directors of dissolved companies

Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill – in a Public Bill Committee at 12:30 pm on 8th July 2021.

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“(1) The Secretary of State must, no later than the end of the period of one year after the day on which sections 2 and 3 come into force, lay before Parliament an assessment of the effectiveness of the provisions in section 2 and 3 of this Act.

(2) The assessment must include consideration of—

(a) the extent to which the provisions have achieved their objectives;

(b) the interaction of the provisions with other law and policy relating to the investigation and disqualification of directors; and

(c) possible related changes to law and policy.”—

This new clause would place an obligation on the Secretary of State to publish an assessment of the provisions in section 2 and 3 of this Act.

Brought up, and read the First time.

Question put, That the clause be read a Second time.

Division number 2 Rating (Coronavirus) and Directors Disqualification (Dissolved Companies) Bill — New Clause 3 - Effectiveness of provisions on former directors of dissolved companies

Aye: 5 MPs

No: 8 MPs

Ayes: A-Z by last name

Nos: A-Z by last name

The Committee divided: Ayes 5, Noes 8.

Question accordingly negatived.

Question proposed, That the Chair do report the Bill to the House.

Photo of Luke Hall Luke Hall Minister of State (Housing, Communities and Local Government)

I put on record my thanks to the Committee, the Clerks of the Committee for their work, the Opposition for being so constructive, and all hon. Members. I also thank the Opposition for wishing me a very happy birthday. If I am honest with myself, I have never had this many people at one of my birthdays, so it is an absolute pleasure. I thank the Committee for its work in the consideration of this important Bill.

Question put and agreed to.

Bill accordingly to be reported, without amendment.

Committee rose.

Written evidence reported to the House

RDDB04 Philip Clarkson BSc FRICS IRRV (Hons), Director—Rating, Lambert Smith Hampton

RDDB05 R3, the insolvency and restructuring trade body

RDDB06 Supplementary evidence from the Institute of Revenues, Rating and Valuation (IRRV)