This relates to a member of the board being adjudged a bankrupt.
SECTION 11.
Question proposed: " That section 11 stand part of the Bill."
I do not know why that should disqualify him from being a sound member. I agree that to some extent he could be of unsound mind.
That is no inhibition for membership of the board.
This is the respectability bit from Victorian times. I do not agree with it.
We are not now talking so much about the Bill as about normal practice. In all Bills these things are standard. We have expressed our opinions here. They will be on the record.
I should like to go on record as agreeing with Deputy Wilson on this section, perhaps not in regard to the provision " or is sentenced by a court of competent jurisdiction," and so forth, but on the question of a member being declared a bankrupt and making arrangements with creditors. I regard that as being unnecessary.
Nowadays very few people go bankrupt because they can have these arrangements about limited companies and so on hiding their identities.
We have aired our reservations and they are now on record.
We are going further than bankruptcy. We refer to " or makes a composition or arrangement with creditors ".
What it means is that you make an arrangement with creditors to pay so much in the £, not how much per week you will pay.
Question put and agreed to.
Section 12 agreed to.
The Committee adjourned at 1 p.m. until 11 a.m. on Wednesday, 1st June, 1977.