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Regulatory Enforcement and Sanctions Bill [HL]

I support the amendment, as can be seen on the Marshalled List. I have suggested two other places where the same words should be added in Amendments Nos. 49 and 105, which are in this group. My noble friend has set out exactly why we have pressed these. When dealing with this point, the CBI stated: "““The Hampton review recommended that all regulatory activity should be on the basis of a clear, comprehensive risk assessment. The LBRO should be given the powers to ensure that any sanctions, or inspections, must follow a risk-assessment by the regulator or local authority. By targeting those who present higher risks, resources can be freed up, rogue traders cracked down on, and compliant business can be rewarded with a light-touch enforcement regime””." That expresses it extremely well. Amendment No. 105 refers to sanctions in the later part of the Bill, but it is the same point. Amendment No. 49 is also slightly later. But the same point occurs at all three points in the Bill. Hence, it is right to discuss the three together. I hope that the Minister will be persuaded by the arguments of my noble friend and the CBI.