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Legal Services Bill [HL]

I always like to be encouraged to develop my thinking. The point that comes to my mind is that ““last resort”” is difficult to define and that there may be circumstances in which, because of how the regulator has behaved in other areas in which directions have been issued, and so on, the supervisory regulator decides that a fine is actually the most appropriate thing to give. I cannot think of what those circumstances might be and I am not going to give false examples, because it might suggest that I expect that to happen when I hope that it will not. But there could be such circumstances—and I am mindful of not wanting to prevent the LSB having a range of powers, bearing in mind how we would expect the board to use them under Clause 3.