Lords motion to consider. Agreed to on question.

Lords motion to consider. Agreed to on question.

My Lords, this SI forms part of the Government’s ambitious programme to deliver a smarter regulatory framework for financial services and to replace areas of assimilated law, formerly known as retained EU law, in financial services with an approach to regulation that is tailored to the UK. That includes the...

My Lords, this SI forms part of the Government’s ambitious programme to deliver a smarter regulatory framework for financial services and to replace areas of assimilated law, formerly known as retained EU law, in financial services with an approach to regulation that is tailored to the UK. That includes the...

My Lords, we welcome this SI and will support it today. Its provisions are clearly necessary and are mostly explained clearly in the accompanying documentation. I would be grateful, however, if the Minister could say a few words about commencement and address a few questions.

Two provisions seem to come into...

My Lords, we welcome this SI and will support it today. Its provisions are clearly necessary and are mostly explained clearly in the accompanying documentation. I would be grateful, however, if the Minister could say a few words about commencement and address a few questions.

Two provisions seem to come into...

My Lords, I am grateful to the noble Lord for introducing this SI and setting out its purpose. I welcome him to his place.

As the noble Lord noted in his opening remarks, this statutory instrument forms part of a wider programme to deliver a smarter regulatory framework for financial services....

My Lords, I am grateful to the noble Lord for introducing this SI and setting out its purpose. I welcome him to his place.

As the noble Lord noted in his opening remarks, this statutory instrument forms part of a wider programme to deliver a smarter regulatory framework for financial services....

My Lords, I am grateful for the contributions to this short debate. I will try to answer some of the detailed questions that were asked as well as I can but I will have to write on some of them, I am afraid.

Let me first respond to some of the...

My Lords, I am grateful for the contributions to this short debate. I will try to answer some of the detailed questions that were asked as well as I can but I will have to write on some of them, I am afraid.

Let me first respond to some of the...

Letter dated 07/02/2022 from Lord True to Baroness Smith of Basildon regarding an issue raised during the Committee Stage of the Dissolution and Calling of Parliament Bill: the meaning of purported and why references to this term are needed in clause 3 of the Bill. 2p.

Letter dated 07/02/2022 from Lord True to Baroness Smith of Basildon regarding an issue raised during the Committee Stage of the Dissolution and Calling of Parliament Bill: the meaning of purported and why references to this term are needed in clause 3 of the Bill. 2p.

Dissolution principles [draft statement of the non-legislative constitutional principles that apply to dissolution]. 1p.

Dissolution principles [draft statement of the non-legislative constitutional principles that apply to dissolution]. 1p.

Letter dated 08/03/2011 from Lord Wallace of Tankerness, Advocate General for Scotland, to Baroness Thomas, Chairman of the Delegated Powers and Regulatory Reform Committee, regarding Fixed-Term Parliaments Bill. 1 p.

Letter dated 08/03/2011 from Lord Wallace of Tankerness, Advocate General for Scotland, to Baroness Thomas, Chairman of the Delegated Powers and Regulatory Reform Committee, regarding Fixed-Term Parliaments Bill. 1 p.

Letter dated 16/03/2011 from Lord Wallace of Tankerness, Advocate General for Scotland, to Baroness Jay of Paddington, Chairman of the Constitution Committee, regarding Fixed-Term Parliaments Bill. 2 p.

Letter dated 16/03/2011 from Lord Wallace of Tankerness, Advocate General for Scotland, to Baroness Jay of Paddington, Chairman of the Constitution Committee, regarding Fixed-Term Parliaments Bill. 2 p.

Letter dated 24/02/2011 from Mark Harper MP to The Librarian, House of Commons Library, regarding letters related to the Fixed-Term Parliaments Bill sent to Presiding Officers in the Scottish Parliament and Welsh Assembly. Includes 2 letters. 5 p.

Letter dated 24/02/2011 from Mark Harper MP to The Librarian, House of Commons Library, regarding letters related to the Fixed-Term Parliaments Bill sent to Presiding Officers in the Scottish Parliament and Welsh Assembly. Includes 2 letters. 5 p.

Statement from the Convener of the Electoral Management Board for Scotland / Regional Counting Officer regarding the Timing of the Count for the Scottish Parliamentary Elections on 5 May 2011. 1 p.

Statement from the Convener of the Electoral Management Board for Scotland / Regional Counting Officer regarding the Timing of the Count for the Scottish Parliamentary Elections on 5 May 2011. 1 p.

Letter dated 18/01/2011 from Mark Harper MP to The Librarian, House of Commons Library, regarding letters related to the Fixed-Term Parliaments Bill sent to Presiding Officers in the Scottish Parliament and Welsh Assembly and to the Rt Hon Sadiq Khan MP. Includes 2 letters. 3 p.

Letter dated 18/01/2011 from Mark Harper MP to The Librarian, House of Commons Library, regarding letters related to the Fixed-Term Parliaments Bill sent to Presiding Officers in the Scottish Parliament and Welsh Assembly and to the Rt Hon Sadiq Khan MP. Includes 2 letters. 3 p.

I must say that this is the second very worrying route the Minister has gone down. He is saying that if the Prime Minister were to behave unconstitutionally, the monarch would act. How would the monarch know whether the Prime Minister had acted constitutionally or unconstitutionally?

I must say that this is the second very worrying route the Minister has gone down. He is saying that if the Prime Minister were to behave unconstitutionally, the monarch would act. How would the monarch know whether the Prime Minister had acted constitutionally or unconstitutionally?

Her Majesty the Queen appoints the Prime Minister. If the Prime Minister were to behave in an unconstitutional fashion, the Queen would have the right to dismiss the Prime Minister.

Her Majesty the Queen appoints the Prime Minister. If the Prime Minister were to behave in an unconstitutional fashion, the Queen would have the right to dismiss the Prime Minister.

If that is so—and I accept it as such—why does it not apply to the statute itself?

If that is so—and I accept it as such—why does it not apply to the statute itself?

The Minister is right in saying that the main difference is that the matter would have to be dealt with in the second Chamber. As I understand it, however, the coalition agreement states clearly that the Government's aspiration is to create enough peers to meet the proportions formed by each...

The Minister is right in saying that the main difference is that the matter would have to be dealt with in the second Chamber. As I understand it, however, the coalition agreement states clearly that the Government's aspiration is to create enough peers to meet the proportions formed by each...

Does my hon. Friend understand that the Committee had to rush through its work on this Bill and the Parliamentary Voting System and Constituencies Bill at the same time?

Does my hon. Friend understand that the Committee had to rush through its work on this Bill and the Parliamentary Voting System and Constituencies Bill at the same time?

That was also the experience of the Lords Constitution Committee—and, in fact, we have not been rushing the consideration of this Bill. We published it in July, Second Reading was in September, and this is the third day of the Committee stage, in December. We are hardly rushing forward at...

That was also the experience of the Lords Constitution Committee—and, in fact, we have not been rushing the consideration of this Bill. We published it in July, Second Reading was in September, and this is the third day of the Committee stage, in December. We are hardly rushing forward at...

I beg to suggest that, if the Minister had listened carefully to what I said earlier, he would have heard me reading from a letter I had received from Mr Robert Rogers, who made it absolutely clear that it is possible to entrench a Standing Order of this House with...

I beg to suggest that, if the Minister had listened carefully to what I said earlier, he would have heard me reading from a letter I had received from Mr Robert Rogers, who made it absolutely clear that it is possible to entrench a Standing Order of this House with...

No, I think there is a rather crucial difference. The powers in that Act are given to a Minister—they are not proceedings in Parliament. That leads me nicely on to amendment 6—

No, I think there is a rather crucial difference. The powers in that Act are given to a Minister—they are not proceedings in Parliament. That leads me nicely on to amendment 6—