Proceeding contribution from Lord Berkeley (Labour) in the House of Lords on Wednesday, 6 February 2008. It occurred during Debate on bill and Committee proceeding on Regulatory Enforcement and Sanctions Bill [HL].
Regulatory Enforcement and Sanctions Bill [HL]
I rise briefly to support this amendment. Publicity is the key to stopping other companies and organisations from falling into the same trap and being fined or otherwise taken to task by a regulatory body. About a year ago, Network Rail was fined something like £2 million for overstaying its possessions on Portsmouth signalling. While the fine was not that large, the effect on Network Rail was very significant, although I expect that it will be given a much larger fine over its problems during the Christmas holiday. Whether the company is big or small, it is important that people should know about the problem because more steps will then be taken to prevent it happening again.
Secondary information
- Type
- Proceeding contribution
- Reference
- 698 c597GC
- Session
- 2007-08
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Disclosure of information Compensation Devolved matters Appeals Business Civil proceedings Delegated legislation Direct selling Fixed penalties Fines Local government Ofcom Surveillance Tribunals Telecommunications Regulation Safety Local Better Regulation Office Stop notices Sunset clauses
- Legislation
- Regulatory Enforcement and Sanctions Bill (HL) 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 02:36:52 +0000
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