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Clause 24—(Re-Opening Of Transactions Resulting In Dissipation Of Assets)

Volume 439: debated on Wednesday 25 June 1947

The text on this page has been created from Hansard archive content, it may contain typographical errors.

Amendment made: In page 38, line 38, at end, insert:

"(7) This Section shall, in relation to a composite company, only apply to transactions entered into by the company in their capacity as authorised undertakers, and the company, and not the directors, shall be made parties to applications under this Section."

Clause, as amended, ordered to stand part of the Bill.