Proceeding contribution from Lord Hanningfield (Conservative) in the House of Lords on Monday, 31 March 2008. It occurred during Debate on bill on Channel Tunnel Rail Link (Supplementary Provisions) Bill.
Channel Tunnel Rail Link (Supplementary Provisions) Bill
My Lords, I support the amendment, to which I have attached my name. I shall not repeat what has been said, but it is important to note that the Bill as it stands will increase the regulatory remit of the DfT. However, with the DfT also being the vendor of both the infrastructure and the UK arm of Eurostar, it could result in a number of potentially damaging consequences, including higher access charges, lower levels of utilisation and conflicts of interest, as well as all the other consequences mentioned by the noble Lord, Lord Bradshaw. It is essential that we avoid these pitfalls and I hope the Minister will be able to give us some reassurance on this. The ORR should be the economic regulator of the CTRL. Independent regulation is essential for consistent and robust governance and we should promote it in the House. We all echo the points made by the noble Lord, Lord Jones, who advocated that governance should depend upon strong and independent national regulatory authorities. He also said that he was taking a particular interest in this legislation. I repeat what the noble Lord, Lord Bradshaw, said: we need more satisfaction on this issue before we complete the process of legislation and I hope the Minister will be able to help us today. I support the amendment.
Secondary information
- Type
- Proceeding contribution
- Reference
- 700 c781
- Session
- 2007-08
- Chamber / Committee
- House of Lords chamber
- Subjects
- Channel tunnel Competition High Speed 1 line Finance EU law Government assistance High speed trains Railway network Network Rail Regulation Eurostar London and Continental Railways Office of Rail Regulation
- Legislation
- Channel Tunnel Rail Link (Supplementary Provisions) Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-15 23:15:00 +0000
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