Does the Minister agree that the hazard in the signing of a statement of affairs in this situation is enormous and carries with it a penalty of a seven-year summary sentence? In the circumstances, will the Government expect and require that any statement of affairs supplied in this matter—bearing in...

Does the Minister agree that the hazard in the signing of a statement of affairs in this situation is enormous and carries with it a penalty of a seven-year summary sentence? In the circumstances, will the Government expect and require that any statement of affairs supplied in this matter—bearing in...

I thank the Minister for that assurance, which I am happy to accept. I ask only that the wording be abundantly clear and remove any uncertainty. There are some nasty little people called licensed insolvency practitioners prowling the world, who will look to make trouble if they find any opportunity....

I thank the Minister for that assurance, which I am happy to accept. I ask only that the wording be abundantly clear and remove any uncertainty. There are some nasty little people called licensed insolvency practitioners prowling the world, who will look to make trouble if they find any opportunity....

The amendment derives from a fear on my part that the drafters of the Bill have overlooked an important condition introduced in the Insolvency Act 1986, which will interact very badly with the recently passed Pensions Act 2008. Under Section 1(3) of Part II of the 1986 Act, for the...

The amendment derives from a fear on my part that the drafters of the Bill have overlooked an important condition introduced in the Insolvency Act 1986, which will interact very badly with the recently passed Pensions Act 2008. Under Section 1(3) of Part II of the 1986 Act, for the...

Amendment 118 118: Clause 71, leave out Clause 71 and insert the following new Clause— ““Pensions Whereas a bank once taken under control by the Treasury will thereby have its solvency restored, nothing in that subsequent restoration of solvency shall preclude the former pension scheme attached to that bank from...

Amendment 118 118: Clause 71, leave out Clause 71 and insert the following new Clause— ““Pensions Whereas a bank once taken under control by the Treasury will thereby have its solvency restored, nothing in that subsequent restoration of solvency shall preclude the former pension scheme attached to that bank from...

I wish to speak to Amendment 85, which is based on my great concern, from experience, of the confusion that arises in any offset arrangement at the closing out of a business. The clause completely underestimates the extent of the hazard which is initiated and which causes untold suffering and...

I wish to speak to Amendment 85, which is based on my great concern, from experience, of the confusion that arises in any offset arrangement at the closing out of a business. The clause completely underestimates the extent of the hazard which is initiated and which causes untold suffering and...

I greatly appreciate that information. When drafting that response, will the noble Lord bear in mind that my great concern is that the Government should not create a two-structure law society where the Government have control of the law in one way through the Bill but the Insolvency Act 1986...

I greatly appreciate that information. When drafting that response, will the noble Lord bear in mind that my great concern is that the Government should not create a two-structure law society where the Government have control of the law in one way through the Bill but the Insolvency Act 1986...