Proceeding contribution from Lord Jenkin of Roding (Conservative) in the House of Lords on Wednesday, 2 March 2011. It occurred during Debate on bill on Energy Bill [HL].
Energy Bill [HL]
My Lords, I of course accept the amendment that the Government have moved, but I return to the issue that I raised in Grand Committee about the uncertainty created by the third of the three tests of whether a company can be put into administration, which is that the company is likely to be unable to pay its debts. Under the original Act, that was a decision to be taken by the company. Under this Bill, it is a decision that will be taken by the Secretary of State. Despite what my noble friend said in reply to that debate in Grand Committee, it seems to me that this still leaves a substantial area of uncertainty for the industry. My noble friend said at the time that there would be consultation with the company and its directors. What I would like to suggest and, indeed, if we were going to reach this clause next Tuesday—we have made such haste this afternoon and evening that in a sense I have been a little bit caught short—I would have tabled an amendment to say that it should be done only with the consent of the company. That would make the case. I wonder whether my noble friend can say something about this now or whether this is a point I could raise again at Third Reading.
Secondary information
- Type
- Proceeding contribution
- Reference
- 725 c1163
- Session
- 2010-12
- Chamber / Committee
- House of Lords chamber
- Subjects
- Codes of practice Costs Conservation Accidents Carbon Housing Fees and charges Licensing Environment Energy Electricity generation Ofgem Electricity Farms Fuel poverty Insulation Heating Landlords Low incomes Oil Natural gas Property Meters Private rented housing Scotland Tenants Carbon emissions Geothermal power Green deal scheme
- Legislation
- Energy Bill (HL) 2010-12
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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