Lords committee stage fourteenth day. Clauses 176 to 203 agreed to. Schedules 16 and 17 agreed to. New clauses agreed to. Clause 204 disagreed to. Clause 205 agreed to as amended. Clause 206 disagreed to. Clause 207 agreed to as amended. New clause agreed to. Clauses 208 and 209 agreed to as amended. Clauses 210 to 212 agreed to. Schedule 18 agreed to. Clause 213 agreed to. Clause 214 agreed to as amended. New clauses agreed to.

Lords committee stage fourteenth day. Clauses 176 to 203 agreed to. Schedules 16 and 17 agreed to. New clauses agreed to. Clause 204 disagreed to. Clause 205 agreed to as amended. Clause 206 disagreed to. Clause 207 agreed to as amended. New clause agreed to. Clauses 208 and 209 agreed...

My Lords, this has been a full debate on the numerous issues bearing on pavement licences. I shall begin by addressing Amendments 449 and 450 in the name of my noble friend Lord Holmes of Richmond, to whom I listened with great care and respect. These two amendments relate to...

My Lords, this has been a full debate on the numerous issues bearing on pavement licences. I shall begin by addressing Amendments 449 and 450 in the name of my noble friend Lord Holmes of Richmond, to whom I listened with great care and respect. These two amendments relate to...

My Lords, I am grateful for the discussions my noble friend Lady Scott and I have had with the noble Baroness, Lady Hayter, and the noble

Earl, Lord Lytton, prior to this debate. I appreciate that they and others have hesitations and reservations around this clause; however, I hope I...

My Lords, I am grateful for the discussions my noble friend Lady Scott and I have had with the noble Baroness, Lady Hayter, and the noble

Earl, Lord Lytton, prior to this debate. I appreciate that they and others have hesitations and reservations around this clause; however, I hope I...

As I mentioned, the way the clause is phrased should give reassurance to those who feel that there might be a danger of the Government interfering with the operation of RICS. The clause does not permit that.

As I mentioned, the way the clause is phrased should give reassurance to those who feel that there might be a danger of the Government interfering with the operation of RICS. The clause does not permit that.

I believe I have done so. The clause is justified for all the reasons I have mentioned.

I believe I have done so. The clause is justified for all the reasons I have mentioned.

My Lords, I would simply encourage my noble friend to read my remarks in Hansard. There is no promise in this clause to the effect that the current or a future Secretary of State will initiate a review, but that there should be a power for them to do so....

My Lords, I would simply encourage my noble friend to read my remarks in Hansard. There is no promise in this clause to the effect that the current or a future Secretary of State will initiate a review, but that there should be a power for them to do so....

My Lords, Amendment 478 in the name of the noble Baroness, Lady Hayman, would require new homes and buildings in England to have

solar panels as of April 2025. I acknowledge straight away that the spirit of this amendment is unimpeachable. Renewable energy, such as that generated from solar panels,...

My Lords, Amendment 478 in the name of the noble Baroness, Lady Hayman, would require new homes and buildings in England to have

solar panels as of April 2025. I acknowledge straight away that the spirit of this amendment is unimpeachable. Renewable energy, such as that generated from solar panels,...

My Lords, I would be very happy to arrange a meeting with the noble Baroness and appropriate officials to discuss the point that she has just made.

My Lords, I would be very happy to arrange a meeting with the noble Baroness and appropriate officials to discuss the point that she has just made.

My Lords, the Retained EU Law (Revocation and Reform) Bill creates the powers for the Government to amend retained EU law and will remove the special status of retained EU law in the UK. On 17 May, the House agreed a government amendment to replace the previously proposed sunset of...

My Lords, the Retained EU Law (Revocation and Reform) Bill creates the powers for the Government to amend retained EU law and will remove the special status of retained EU law in the UK. On 17 May, the House agreed a government amendment to replace the previously proposed sunset of...

My Lords, the amendment in the name of my noble friend Lord Moylan would require the Secretary of State to consult on the proposal in the levelling up White Paper

“to explore transferring control of taxi and private hire vehicle licensing to both combined authorities and upper-tier authorities”.

I reassure my noble...

My Lords, the amendment in the name of my noble friend Lord Moylan would require the Secretary of State to consult on the proposal in the levelling up White Paper

“to explore transferring control of taxi and private hire vehicle licensing to both combined authorities and upper-tier authorities”.

I reassure my noble...

My Lords, the Government agree that effective oversight of the FCA and PRA is a crucial component of our regulatory framework. The Government also agree that having a diverse range of independent views in such an oversight regime is key to its success. However, as I have touched on previously,...

My Lords, the Government agree that effective oversight of the FCA and PRA is a crucial component of our regulatory framework. The Government also agree that having a diverse range of independent views in such an oversight regime is key to its success. However, as I have touched on previously,...

My Lords, as I set out in our earlier debate, the Government agree that effective oversight of the regulation of our financial services sector and consultation with a diverse range of stakeholders are crucial to the sector’s ongoing success. As we have discussed previously, Parliament has a unique role to...

My Lords, as I set out in our earlier debate, the Government agree that effective oversight of the regulation of our financial services sector and consultation with a diverse range of stakeholders are crucial to the sector’s ongoing success. As we have discussed previously, Parliament has a unique role to...

My Lords, I am grateful to the noble Baroness, Lady Kramer, for her helpful and constructive introduction to this amendment. I begin by stating my agreement with her on what I am confident is common ground between us in two respects: Parliament has a unique and special role in scrutinising...

My Lords, I am grateful to the noble Baroness, Lady Kramer, for her helpful and constructive introduction to this amendment. I begin by stating my agreement with her on what I am confident is common ground between us in two respects: Parliament has a unique and special role in scrutinising...

Moved by

Earl Howe

38: Clause 44, page 47, line 33, leave out “subsection (2)” and insert “subsections (2) and (2A)”

Member’s explanatory statement

See the explanatory statement for the Minister’s second amendment at page 47, line 34.

39: Clause 44, page 47, line 34, leave out subsection (2) and insert—

“(2) In section 34 —

(a)...

Moved by

Earl Howe

38: Clause 44, page 47, line 33, leave out “subsection (2)” and insert “subsections (2) and (2A)”

Member’s explanatory statement

See the explanatory statement for the Minister’s second amendment at page 47, line 34.

39: Clause 44, page 47, line 34, leave out subsection (2) and insert—

“(2) In section 34 —

(a)...

Moved by

Earl Howe

41: Clause 45, page 48, line 21, leave out from “appoint” to end of line 22

Member’s explanatory statement

This amendment is consequential on the Minister’s amendment at page 182, line 26.

42: Clause 45, page 48, line 34, leave out subsection (9)

Member’s explanatory statement

This amendment is consequential on the Minister’s...

Moved by

Earl Howe

41: Clause 45, page 48, line 21, leave out from “appoint” to end of line 22

Member’s explanatory statement

This amendment is consequential on the Minister’s amendment at page 182, line 26.

42: Clause 45, page 48, line 34, leave out subsection (9)

Member’s explanatory statement

This amendment is consequential on the Minister’s...

Moved by

Earl Howe

43: Schedule 2, page 65, line 27, at end insert—

“(ba) the target in section 1 of the Climate Change Act 2008 (carbon target for 2050), and”

Member’s explanatory statement

This amendment requires the FCA to have regard to the carbon target for 2050 when making Part 9C rules (defined in...

Moved by

Earl Howe

43: Schedule 2, page 65, line 27, at end insert—

“(ba) the target in section 1 of the Climate Change Act 2008 (carbon target for 2050), and”

Member’s explanatory statement

This amendment requires the FCA to have regard to the carbon target for 2050 when making Part 9C rules (defined in...

Moved by

Earl Howe

46: Schedule 2, page 80, line 22, at end insert—

“Carbon target

21A_ In relation to the making of Part 9C rules that are made on or before 1 January 2022—

(a) paragraph (ba) of section 143G(1) of the Financial Services and Markets Act 2000 (duty to have regard to carbon...

Moved by

Earl Howe

46: Schedule 2, page 80, line 22, at end insert—

“Carbon target

21A_ In relation to the making of Part 9C rules that are made on or before 1 January 2022—

(a) paragraph (ba) of section 143G(1) of the Financial Services and Markets Act 2000 (duty to have regard to carbon...

Moved by

Earl Howe

47: Schedule 3, page 82, line 14, at end insert—

“(ca) the target in section 1 of the Climate Change Act 2008 (carbon target for 2050), and”

Member’s explanatory statement

This amendment requires the PRA to have regard to the carbon target for 2050 when making CRR rules (defined in section...

Moved by

Earl Howe

47: Schedule 3, page 82, line 14, at end insert—

“(ca) the target in section 1 of the Climate Change Act 2008 (carbon target for 2050), and”

Member’s explanatory statement

This amendment requires the PRA to have regard to the carbon target for 2050 when making CRR rules (defined in section...

Moved by

Earl Howe

49: Schedule 3, page 90, line 20, at end insert—

“Carbon target

24A_ In relation to the making of CRR rules or section 192XA rules that are made on or before 1 January 2022—

(a) paragraph (ca) of section 144C(1) of the Financial Services and Markets Act 2000 (duty to have...

Moved by

Earl Howe

49: Schedule 3, page 90, line 20, at end insert—

“Carbon target

24A_ In relation to the making of CRR rules or section 192XA rules that are made on or before 1 January 2022—

(a) paragraph (ca) of section 144C(1) of the Financial Services and Markets Act 2000 (duty to have...

Moved by

Earl Howe

50: Schedule 12, page 182, line 26, leave out sub-paragraph (3) and insert—

“(3) After subsection (5) insert—

“(5A) In this Chapter as it extends to England and Wales and Scotland, “relevant financial institution” means—

(a) a bank,

(b) a building society,

(c) an electronic money institution, or

(d) a payment institution.”

(3A) After subsection...

Moved by

Earl Howe

50: Schedule 12, page 182, line 26, leave out sub-paragraph (3) and insert—

“(3) After subsection (5) insert—

“(5A) In this Chapter as it extends to England and Wales and Scotland, “relevant financial institution” means—

(a) a bank,

(b) a building society,

(c) an electronic money institution, or

(d) a payment institution.”

(3A) After subsection...