Part of the debate – in the House of Commons am 12:00 am ar 18 Mehefin 1964.
One must take care in circumstances, for instance, where the cessation of trading will involve amalgamation and reconstruction which is the obvious example, and there are the usual problems associated with controlling shareholders and the directors. Both my hon. Friends have put their fingers on a very important matter for which I am certain appropriate legislation must be devised. It would be more sensible to try to get a clearer picture of the whole redundancy field and then we would get the matter right and avoid abuses which would spoil a very necessary improvement in our whole industrial and trading arrangements. If my hon. Friends will accept that, which has been said sympathetically, I hope that the Amendment may be withdrawn.