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Alternatives And Welsh Equivalents Of Statutory Designations

Volume 980: debated on Monday 3 March 1980

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I beg to move amendment No. 322, in page 87, line 38, leave out from 'and' to end of line 41 and insert—

'any reference in those Acts to the name of a company or to the inclusion of any of those words in the name of a company shall include a reference to the name of the company including (in place of any of the words so specified) the appropriate alternative, or to the inclusion of the appropriate alternative, as the case may be.'.
This amendment is necessary to clarify the provision. It concerns an alternative to the use of statutory designations. The amendment makes clear that a company can choose to register either with its designation in full—that is, "public limited company"—or with an abbreviation. If it decides to register with the full designation it will still be able to use the alternative designation as an abbreviation in its day-to-day business. I hope that the House will welcome this helpful amendment.

Amendment agreed to.