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Financial Services Bill

My Lords, I am not aware that that is the case. I certainly do not think that there is any basis on which anyone could have been told correctly that they would be TUPE-ed on 1 April unless that was conditional on the Bill receiving parliamentary approval. I can envisage a situation where that information could have been conveyed and shared with people, which would have been perfectly fair and reasonable in terms of giving them a good understanding and in addressing uncertainty. But I do not think that any clear indication could have been given that people will be TUPE-ed. If during Committee stage I am advised by officials that that is not the case, I will obviously immediately advise the House. Perhaps I may now turn to the noble Baroness’s amendments. As the noble Lord, Lord Newby, said—