I understood that we were not going to run through each section without the Minister at least giving a reason for its existence.
SECTION 74.
Question proposed "That section 74 stand part of the Bill."
Do you wish to ask a question on this section?
If the Minister wants to race through it, he can do so. However, I understood that the members would get the benefit of some explanation from the Minister about each section.
It is a matter for the committee.
I can do that but the Deputy will appreciate that to go into some of the sections would be very prolonged. If they are not matters of controversy it is not normally the practice to deal with each of those sections individually. I will endeavour to give a succinct commentary on this section which obliges a company to register information which they have received in response to inquiries they have made under the previous section. The information involved must be entered in the register of interests in shares which will be maintained by virtue of section 72. However, the information must be entered in a separate part of that register. The detailed rules set out in section 72 relating to maintenance of the register of interest in shares will apply also to the information received and registered by virtue of this section.
Question put and agreed to.