Company Law Reform Bill [Lords]


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Vera Baird: I am grateful for the clarity with which Opposition Members have reasoned their amendments. I shall start by separating the purposes of clauses 67 and 70. I think that that is where the hon. Member for Hornchurch started.
Clause 67 provides the rules under which a proposed name is to be compared with existing names to determine whether it is the same and thus should be prohibited. For example, “bricks and mortar” would be treated as being the same as “brick sand mortar”, and therefore the second name would not be permitted. It would not even make it on to the register. That is the important point.
Clause 70 provides for objections to a name already registered on the grounds that it either is the same as the name in which the objector has goodwill, or is so similar as to suggest a connection between the company and the objector. I agree that it would be wrong if the rules under clause 67 restricted the scope of objections under clause 70. However, the purpose of clause 70 is to provide for objections to names already permitted—it has got over the hurdles in clause 67—so I think that the drafting is clear.
Amendment No. 130 focuses on a real difficulty with rules on company names regarding names that should have been on the register, but were not. I was asked about how that situation could arise. I suppose the subtext could be, “Was it because of inefficiency?” Perhaps, that was implied in the question.
It being twenty-five minutes past Ten o’clock, The Chairman adjourned the Committee without Question put, pursuant to the Standing Order.
Adjourned till this day at One o’clock.
 
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