145 Clause 36, page 44, line 28, at beginning insert—
Subject to subsections (4) and (5) below, where shares are issued to a nominee of a company mentioned in section 35(1) above or are acquired by a nominee of such a company from a third person as partly paid up, then, for all purposes the shares shall be treated as held by the nominee on his own account and the company shall be regarded as having no beneficial interest in them.
(1A) Subject to subsection (5) below,
§ 146 Clause 36, page 44, line 30, leave out from beginning to "which" and insert "any such company"
§ 147 Clause 36, page 44, line 31, leave out "nominee for the company alone" and insert "the nominee of the company"
§ Lord LYELL
My Lords, I beg to move that this House doth agree with the Commons in their Amendments Nos. 145 to 147 en bloc.
§ Moved, That this House doth agree with the Commons in the said amendments.—(Lord Lyell.)
§ On Question, Motion agreed to.