---

Perpetuities and Accumulations Bill [Lords]

I beg to move, That the Bill be now read the Third time. It is a pleasure to be here to guide the Perpetuities and Accumulations Bill through its final stage in the House. It is a good example of the valuable expert work that the Law Commission has done to simplify the law, particularly in those areas that are difficult and truly lawyers' law. I want to take this opportunity to thank the commission for all the hard work that it has done on this project. Although our own procedures were unchanged, the Bill was the first candidate under a trial of a new procedure in the other place for appropriate Law Commission Bills. I think that that procedure will help further to support the Law Commission's work in making the law modern and more effective. I want to take this opportunity to thank Members on both sides of the House for their support. The Bill has been though a thorough procedure in the other place. There were no amendments made in the Public Bill Committee, and I commend the Bill to the House.