Results 161–180 of 13444 for speaker:Mr Selwyn Lloyd

Clause 2. — (Powers of the Corporation.) (27 Apr 1949)

Mr Selwyn Lloyd: I ask the right hon. Gentleman to give a rather more reasonable answer on this point than that which he has already given. As I understand it, the Corporation can take the memorandum of association of any publicly-owned company, they can look at the various powers given by that memorandum and then they can go to some other outside company which is carrying on wholly or mainly one of these...

Clause 7. — (Compulsory Purchase of Land). (28 Apr 1949)

Mr Selwyn Lloyd: I beg to move, in page 7, line 28, to leave out Clause 7. This Clause was not discussed at all in Committee, and now there appear to be exactly two minutes to discuss it here, which shows the complete farce into which these proceedings have degenerated. This Clause, which is of the greatest importance, gives the Corporation power to acquire any land and any building of any sort at any time,...

Clause 13. — (Disclaimer of Agreements and Leases.) (28 Apr 1949)

Mr Selwyn Lloyd: I beg to move in page 10, line 25, to leave out "on or." I suggest that it would be convenient if this Amendment and that to the same line which follows were considered together.

Clause 13. — (Disclaimer of Agreements and Leases.) (28 Apr 1949)

Mr Selwyn Lloyd: The effect of these two Amendments on the wording of the Clause would be that it would read: Where any company which comes into public ownership under this Part of this Act has made or varied an agreement or lease after the date of the passing of the Act and before the date of transfer … Clause 13 is one of the Clauses which some hon. Members would look upon as a lawyer's Clause, rather...

Clause 13. — (Disclaimer of Agreements and Leases.) (28 Apr 1949)

Mr Selwyn Lloyd: While thanking the hon. Gentleman for the compliment he has paid me, and echoing the well-known classical words of warning about certain people bringing gifts, I would say that the answer to his point is this. Of course, it is more difficult to prove the state of a man's mind than to prove a certain concrete fact; but the courts are constantly having to try to do that. Every offence involving...

Clause 20. — (Power to Acquire Securi- Ties of Certain Additional Com- Panies.) (2 May 1949)

Mr Selwyn Lloyd: I agree with the right hon. and learned Gentleman that he has resolved the difficulty which I tried to point out in Committee. With respect however, I think that as a result he has got himself into further trouble, because the first two Amendments on the Order Paper today were designed to clear up the muddle which the Opposition pointed out in this Clause with regard to works and parts of...

Clause 20. — (Power to Acquire Securi- Ties of Certain Additional Com- Panies.) (2 May 1949)

Mr Selwyn Lloyd: May I ask a question on that? If that is the view, why was it necessary to include earlier the words, "substantial or essential part of" the works?

Clause 22. — (Prohibition of Transfer of Iron and Steel Works.) (2 May 1949)

Mr Selwyn Lloyd: As I understand it, these arbitration proceedings may begin when a notice of acquisition has been served and there is some dispute as to whether a transaction purporting to effect such a transfer should be brought in. The Clause is now widened to include these third parties, and I should like a quite definite assurance that these third parties have the right to initiate proceedings before the...

Clause 22. — (Prohibition of Transfer of Iron and Steel Works.) (2 May 1949)

Mr Selwyn Lloyd: I beg to second the Amendment. I wish to make three points. First, although the Clause has in the margin the impressive title, Prohibition of transfer of iron and steel works, when we look at the earlier part we see that it also deals with much lesser affairs. I quite agree that if a company were disposing of an iron and steel works it is difficult to imagine that a member of the board would...

Clause 22. — (Prohibition of Transfer of Iron and Steel Works.) (2 May 1949)

Mr Selwyn Lloyd: Will the hon. Member say exactly where in the Clause the crime is defined?

Clause 22. — (Prohibition of Transfer of Iron and Steel Works.) (2 May 1949)

Mr Selwyn Lloyd: Perhaps I did not make myself clear. Using the word "crime" in its colloquial sense, will the hon. Member say where the offence is defined in the Clause?

Clause 22. — (Prohibition of Transfer of Iron and Steel Works.) (2 May 1949)

Mr Selwyn Lloyd: Clause 24 deals with the dissipation of assets and is very similar to this Clause. At the end of that clause there is this proviso: In the case of a company other than a company specified in the Third Schedule to this Act, the tribunal shall not make an order under this subsection against any director of the company or other person who satisfies the tribunal that he did not know and could not...

Clause 22. — (Prohibition of Transfer of Iron and Steel Works.) (2 May 1949)

Mr Selwyn Lloyd: The right hon. and learned Gentleman, as always, put forward a very reasonable argument. He said, "Here you have a director of a Third Schedule company. After the passing of the Act he knows what his position is and, of course, if he enters in any such bargain or contract he ought to be very careful to get approval before he does so." If the Clause covered only such people as these, there...

Clause 22. — (Prohibition of Transfer of Iron and Steel Works.) (2 May 1949)

Mr Selwyn Lloyd: The right hon. and learned Gentleman shakes his head, but I thought that in our earlier argument that point was agreed to.

Clause 22. — (Prohibition of Transfer of Iron and Steel Works.) (2 May 1949)

Mr Selwyn Lloyd: Then it appears to be quite definite that the transaction, in that sense, cannot relate to a transaction between the transferee company and some third party. If the discussion has produced nothing else, it is useful to have that made quite clear. Having dealt with the board of the disposing company and the board of the receiving company, then, as I understand it, another category of persons...

Clause 29. — (Activities in Second Schedule Not to Be Carried on Except Under Licence.) (2 May 1949)

Mr Selwyn Lloyd: That is why it is a scandalous Bill.

Clause 29. — (Activities in Second Schedule Not to Be Carried on Except Under Licence.) (2 May 1949)

Mr Selwyn Lloyd: The hon. Member will agree that the railway companies had certain statutory duties and had to provide certain services.

Clause 29. — (Activities in Second Schedule Not to Be Carried on Except Under Licence.) (2 May 1949)

Mr Selwyn Lloyd: But is that not exactly what will happen in the nationalised coal industry?

Clause 29. — (Activities in Second Schedule Not to Be Carried on Except Under Licence.) (2 May 1949)

Mr Selwyn Lloyd: Has it not happened with coal?

Clause 29. — (Activities in Second Schedule Not to Be Carried on Except Under Licence.) (2 May 1949)

Mr Selwyn Lloyd: Rat trap or no rat trap, I repeat my intervention. What the hon. Gentleman complains of is, I am suggesting, exactly what is happening under the nationalised coal industry at the present time.


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