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Lords report stage. Amendment 1 disagreed to on division (193 to 226). Amendment 3 agreed to. Amendment 4 agreed to on division (220 to 139). Amendment 6 disagreed to on division (74 to 147). Amendments 10 and 11 agreed to. Bill, as amended, ordered to be printed (HL Bill 46).

Lead member
Lord Livermore
Answering member
Baroness Vere of Norbiton; Lord Roborough
Department
Treasury
Type
Debates on bills
Date
5 November 2024
Reference
840 cc1397-1455
House
House of Lords

Moved by

Baroness Vere of Norbiton

1: Clause 1, page 1, line 26, at end insert—

“(3) The Secretary of State must limit any borrowing by the Crown Estate under this Section by regulations made by statutory instrument, and these regulations may not be made unless a draft of the instrument has been...

Member
Baroness Vere of Norbiton (Conservative)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 c1397
House
House of Lords

My Lords, I thank my noble friend Lord Howard of Rising for his support on the amendment and for his very wise counsel in our discussions to ensure that the change that is proposed is both reasonable and rational. The Official Opposition have made a clear and consistent argument for...

Member
Baroness Vere of Norbiton (Conservative)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1397-8
House
House of Lords

My Lords, I support my noble friend. In Committee, the Minister was good enough to agree that controls on borrowing by the Crown Estate must be in place and that they would be set out in a memorandum of understanding between the Crown Estate and the Treasury at a loan-to-value...

Member
Lord Howard of Rising (Conservative)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1398-9
House
House of Lords

My Lords, I think I started this hare running at Second Reading, when I basically said to the Minister that the Government were asking us to give borrowing power to the Crown Estate but we did not have the business case that argued why it needs a borrowing power—it is...

Member
Baroness Kramer (Liberal Democrat)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1399-1400
House
House of Lords

My Lords, I am grateful for the contributions from all noble Lords on this group of amendments. As I set out in Committee, the Government recognise that the matter of controls on borrowing is an important consideration for noble Lords.

I listened carefully to the concerns raised at previous stages of...

Member
Lord Livermore (Labour)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1400-1
House
House of Lords

My Lords, I am grateful to the Minister for his response and to the noble Baroness, Lady Kramer, although I am sorry to hear that she will not be able to support the amendment. Noble Lords will not be surprised to hear that I do not agree with her.

While I...

Member
Baroness Vere of Norbiton (Conservative)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1401-2
House
House of Lords

Moved by

Baroness Vere of Norbiton

2: Clause 2, page 2, line 11, at end insert—

“5A The Chair of Commissioners may not be appointed until the appointment has been scrutinised by the Treasury Committee of the House of Commons, or any successor committee.”

Member's explanatory statement

This amendment would require the appointment of the...

Member
Baroness Vere of Norbiton (Conservative)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 c1402
House
House of Lords

My Lords, I will speak to Amendments 2 and 14 in my name.

On Amendment 2, I am incredibly grateful to the Government for their engagement on the importance of pre-appointment scrutiny for the Crown Estate commissioners. However, I recognise that my initial amendment in Committee was a bit ambitious and...

Member
Baroness Vere of Norbiton (Conservative)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1402-6
House
House of Lords

My Lords, I wish to speak to Amendment 15 in my name, which is in this group. I tabled the same amendment that we debated in Committee because my noble friend had not yet been able to respond in his promised letter; but, of course, he has now responded, and...

Member
Lord Berkeley (Labour)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1406-8
House
House of Lords

My Lords, I shall speak briefly to Amendment 15 in the name of the noble Lord, Lord Berkeley, which deals with lease extensions from the Crown Estate. I may do so with less republican overtones than we have just heard.

Those who have been following the proceedings of the Bill will...

Member
Lord Young of Cookham (Conservative)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1408-9
House
House of Lords

My Lords, I agree with my noble friend on the Front Bench about the desirability of there being some form of prior parliamentary scrutiny over the appointment of a chair of the Crown Estate. My entry in the register of interests shows that I am chair of the Cambridgeshire Development...

Member
Lord Lansley (Conservative)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1409-1410
House
House of Lords

My Lords, I rise briefly to speak to Amendment 2 in the name of the noble Baroness, Lady Vere of Norbiton. This simple amendment seeks that the chair of the Crown Estate commissioners be appointed by the Treasury Select Committee. On these Benches, this seems like a reasonably sensible idea....

Member
Earl Russell (Liberal Democrat; Liberal Democrat)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 c1410
House
House of Lords

My Lords, I thank all noble Lords for their contributions to this debate. First, I would like to address the points raised by the noble Lord, Lord Young of Cookham. I thank him very much for his engagement on this issue since Committee. I am also extremely grateful to him...

Member
Lord Livermore (Labour)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1410-3
House
House of Lords

My Lords, very briefly on Amendment 2, I am grateful to the Minister for his words and his engagement on that, and I am content on it.

On Amendment 14, obviously, should I decide to test the opinion of the House, it will come slightly later in proceedings. However, I want...

Member
Baroness Vere of Norbiton (Conservative)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 c1413
House
House of Lords

Moved by

Lord Livermore

3: After Clause 2, insert the following new Clause—

“Annual reports

In section 2 of the Crown Estate Act 1961 (reports and accounts), after subsection (1) insert—

“(1A) The annual report for a year in which a partnership between the Commissioners and Great British Energy is in operation must include a...

Member
Lord Livermore (Labour)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 c1413
House
House of Lords

My Lords, I will address other noble Lords’ amendments in this group during my closing speech, after listening to the debate.

I have listened to the arguments and concerns put forward at Second Reading and in Committee by the noble Baroness, Lady Vere, on how the new partnership between the Crown...

Member
Lord Livermore (Labour)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 c1414
House
House of Lords

My Lords, I will speak to Amendment 5, which stands in my name. I thank the Minister and his Bill team for their time in what is always the busiest period of the Treasury’s life. He was happy to give time, and I am very grateful for that and for...

Member
Earl of Kinnoull (Conservative; Crossbench)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 c1414
House
House of Lords

My Lords, I rise to speak briefly to all the amendments in this group, all of which relate to reporting.

Beginning with government Amendment 3, I am grateful to the Minister for this important concession and welcome his listening to the concerns expressed across the House and his open engagement and...

Member
Earl Russell (Liberal Democrat; Liberal Democrat)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 cc1414-6
House
House of Lords

My Lords, I rise briefly to support Amendment 5 in the name of the noble Earl, Lord Kinnoull. In passing, I still am rather confused by this Bill, which covers Scotland but not Crown Estate Scotland. That seems a bit of a contradiction, but it is clear there is a...

Member
Lord Vaux of Harrowden (Conservative; Crossbench)
Type
Proceeding contributions
Date
5 November 2024
Reference
840 c1415
House
House of Lords