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Legislative and Regulatory Reform Bill

When we talk about relieving burdens, Clause 1 is the route. When we talk about the exercise of regulatory functions, that is addressed in Clause 2. I cannot see how the actions of regulators interfere with traditional products or the way of life of British people in the different regions of the United Kingdom. In so far as the actions of regulators should capture aims similar to those expressed by the noble Lord, I believe that requiring regulators to be proportionate in the exercise of their functions will happily achieve that. That is exactly what we are trying to achieve in the legislation.