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Apprenticeships, Skills, Children and Learning Bill

My Lords, I thank the Government and commend them for the amendments they have moved in the light of Committee discussion. That is good practice and we should note the fact. However, in relation to Amendment 150, where my name has been prayed in aid, I give limited aid because I support the principle of independence, which I am sure was understood. I cannot support the amendment as it stands, because it would rule out quite a number of immensely helpful and able people who have, in one way or another, a financial interest in education—they are employed in schools or whatever. That being said, I am interested to hear the response to the question relating to Amendment 154 about the expected length of period of office for the first chief executive of the regulatory body.