I am grateful not only for your early clarification, Mr. Stevenson, but for the fact that the hon. Member for South Derbyshire nobly and honourably offered to share in my confusion. He can be exonerated. However, the reason for the confusion was that the point extends across the Bill. Most importantly, it concerns the original clause 5, which is about short title, commencement and extent. I hope that what I have already said can be taken in future to refer also to this part of the Bill. The key point is that the term ''industrial and provident society'' is felt to be old-fashioned.

I say that with a great deal of respect for the hon. Member for Harrow, West, who put a great deal of effort into promoting—successfully—the Industrial and Provident Societies Act 2002. Nevertheless, there is a suggestion that that title is meaningless in the modern business context. Societies do not use it, preferring to be called co-operatives and community benefit societies. This is purely a probing suggestion; I leave it for the Government and the promoter of the Bill to consider, knowing that there will be an opportunity to adjust the title on Report.