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Clause 26—(Director And Secretary)

Volume 441: debated on Monday 28 July 1947

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I beg to move, in page 21, line 36, at the end, to insert:

"nor shall any company—
  • (a) have as secretary to the company a corporation the sole director of which is a sole director of the company: or
  • (b) have as sole director of the company or corporation the sole director of which is secretary to the company."
  • This Amendment is to meet a point made by the right hon. Member for Bournemouth (Mr. Bracken) in the Committee and is to meet quite exceptional cases. The Secretary must not be the same person as the director. There is a possibility of evasion when the sole director of a company is also secretary of that company.

    Amendment agreed to.