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Legal Services Bill [HL]

My Lords, I am most grateful to the noble Lord for the amendment he has placed before your Lordships today. The issue that lies behind it can be put very simply—in fact, as it was by the Minister in another place in a debate that took place on this Bill about a week ago. The Minister said that the Legal Services Board should not seek to second-guess the decision of the approved regulators. It is plain that if the approved regulators act reasonably in reaching their decisions, the Legal Services Board should not intervene. The only basis on which it should intervene would be irrationality. The amendment that the Minister has placed before your Lordships’ House, while not 100 per cent meeting the text I would like, nevertheless has gone a long way to do so, and I am content.