To ask the Secretary of State for Justice, whether he plans to review the legal status of letters of wishes in Disabled Person's Trusts, in the context of the increasing use of these structures for vulnerable beneficiaries under the Mental Capacity Act 2005 framework.

To ask the Secretary of State for Justice, whether he plans to review the legal status of letters of wishes in Disabled Person's Trusts, in the context of the increasing use of these structures for vulnerable beneficiaries under the Mental Capacity Act 2005 framework.

To ask the Secretary of State for Business and Trade, how many companies registered in England and Wales have declared a trustee of a (a) trust and (b) legal arrangement as a person with significant control.

To ask the Secretary of State for Business and Trade, how many companies registered in England and Wales have declared a trustee of a (a) trust and (b) legal arrangement as a person with significant control.

Lords motion to consider. Agreed to on question.

Lords motion to consider. Agreed to on question.

My Lords, these regulations will make targeted and technical amendments to strengthen the operation and transparency of the register of overseas entities, which I will refer to as the ROE. They will also correct a technical issue relating to limited liability partnerships, which I will refer to as LLPs.

The Government...

My Lords, these regulations will make targeted and technical amendments to strengthen the operation and transparency of the register of overseas entities, which I will refer to as the ROE. They will also correct a technical issue relating to limited liability partnerships, which I will refer to as LLPs.

The Government...

My Lords, I welcome the opportunity to speak to these regulations, which form part of the ongoing work to strengthen and refine the register of overseas entities, a register introduced by the Conservative Government to bring greater transparency

to overseas ownership of UK land and to protect our economy from...

My Lords, I welcome the opportunity to speak to these regulations, which form part of the ongoing work to strengthen and refine the register of overseas entities, a register introduced by the Conservative Government to bring greater transparency

to overseas ownership of UK land and to protect our economy from...

My Lords, it is a pleasure to follow the noble Lord, Lord Ashcombe, for the first time, I think. I welcome him to the wonderful world of economic crime. We are history-makers today, in that this is the first 11 am Tuesday session. It is a welcome change to the...

My Lords, it is a pleasure to follow the noble Lord, Lord Ashcombe, for the first time, I think. I welcome him to the wonderful world of economic crime. We are history-makers today, in that this is the first 11 am Tuesday session. It is a welcome change to the...

My Lords, I welcome the noble Lord, Lord Ashcombe, to his new role and congratulate him on it, and I thank both noble Lords for the points raised during this very short debate. I start by saying that the UK’s approach to the ROE is way ahead of international standards...

My Lords, I welcome the noble Lord, Lord Ashcombe, to his new role and congratulate him on it, and I thank both noble Lords for the points raised during this very short debate. I start by saying that the UK’s approach to the ROE is way ahead of international standards...

Letter dated 02/06/2026 from Lord Wilson of Sedgefield to Baroness Bennett of Manor Castle regarding the Money Laundering and Terrorist Financing (Amendment) Regulations 2026 debate: further information on changes to the Trust Registration Service made through the regulations. 3p.

Letter dated 02/06/2026 from Lord Wilson of Sedgefield to Baroness Bennett of Manor Castle regarding the Money Laundering and Terrorist Financing (Amendment) Regulations 2026 debate: further information on changes to the Trust Registration Service made through the regulations. 3p.

Lords motion to consider. Agreed to on question.

Lords motion to consider. Agreed to on question.

I beg to move that the Committee considers this package of changes to the money laundering regulations. They are aimed at improving the effectiveness of the UK’s anti-money laundering and counter-terrorist financing regime.

The money laundering regulations sit at the heart of the UK’s preventive, risk-based approach to tackling illicit finance....

I beg to move that the Committee considers this package of changes to the money laundering regulations. They are aimed at improving the effectiveness of the UK’s anti-money laundering and counter-terrorist financing regime.

The money laundering regulations sit at the heart of the UK’s preventive, risk-based approach to tackling illicit finance....

My Lords, I thank the Minister for his expansive introduction to this SI. I wish to express concern about two elements of it: the change in the transactions and the change in the rules on trusts.

This all comes at a moment when the OECD and the Financial Action Task Force...

My Lords, I thank the Minister for his expansive introduction to this SI. I wish to express concern about two elements of it: the change in the transactions and the change in the rules on trusts.

This all comes at a moment when the OECD and the Financial Action Task Force...

My Lords, these regulations introduce a number of changes following the Government’s 2022 review and the 2024 consultation. I thank the Minister for his clear introduction and for emphasising the important principle of getting things right first time, which partly explains why these reforms have taken time to come in....

My Lords, these regulations introduce a number of changes following the Government’s 2022 review and the 2024 consultation. I thank the Minister for his clear introduction and for emphasising the important principle of getting things right first time, which partly explains why these reforms have taken time to come in....

My Lords, I thank the noble Baronesses for their questions. They were many in number so we will scour Hansard and, if there are any that I do not answer, we will of course respond with letters.

I turn first to the points made by the noble Baroness, Lady Bennett; I...

My Lords, I thank the noble Baronesses for their questions. They were many in number so we will scour Hansard and, if there are any that I do not answer, we will of course respond with letters.

I turn first to the points made by the noble Baroness, Lady Bennett; I...

I have just been musing on something that the noble Lord said that I think I wrote down correctly: namely, that stamp duty reserve tax liability does not indicate a significant link to the UK. We need to consider that statement in the context of how much UK infrastructure and...

I have just been musing on something that the noble Lord said that I think I wrote down correctly: namely, that stamp duty reserve tax liability does not indicate a significant link to the UK. We need to consider that statement in the context of how much UK infrastructure and...

First, this is not a weakening of the regulation but a balanced approach that we take in this whole area. I will set out the arguments in greater form for the noble Baroness and write to her with the specifics.

First, this is not a weakening of the regulation but a balanced approach that we take in this whole area. I will set out the arguments in greater form for the noble Baroness and write to her with the specifics.

I come back to the issue of debanking. The Minister said some very useful things. This is debanking. We talked about defence companies and I look forward to hearing the results of that active engagement. I have talked in the APPG to individual defence companies that have had difficulties in...

I come back to the issue of debanking. The Minister said some very useful things. This is debanking. We talked about defence companies and I look forward to hearing the results of that active engagement. I have talked in the APPG to individual defence companies that have had difficulties in...

In response to the noble Baroness, there is the 90 days’ notice and the access to basic bank accounts, et cetera. There is ongoing work in this area. I can write to her and let her know exactly where we are up to in all of this, so she will...

In response to the noble Baroness, there is the 90 days’ notice and the access to basic bank accounts, et cetera. There is ongoing work in this area. I can write to her and let her know exactly where we are up to in all of this, so she will...

Moved by

Baroness Berridge

317: After Clause 85, insert the following new Clause—

“Rutland: status as a ceremonial county

(1) The Lieutenancies Act 1997 is amended as follows.

(2) In paragraph 3 of Schedule 1 (counties and areas for the purposes of the lieutenancies in Great Britain), in the Table, after “Nottingham” insert as a...

Moved by

Baroness Berridge

317: After Clause 85, insert the following new Clause—

“Rutland: status as a ceremonial county

(1) The Lieutenancies Act 1997 is amended as follows.

(2) In paragraph 3 of Schedule 1 (counties and areas for the purposes of the lieutenancies in Great Britain), in the Table, after “Nottingham” insert as a...

My Lords, Amendment 317 seeks to amend the Lieutenancies Act 1997 to ensure the continuation of Rutland as a ceremonial county with its own lord-lieutenant. I am grateful to the Minister for her email today relating to this matter, and for acknowledging

“the unique circumstances, given that Rutland’s ceremonial status derives...

My Lords, Amendment 317 seeks to amend the Lieutenancies Act 1997 to ensure the continuation of Rutland as a ceremonial county with its own lord-lieutenant. I am grateful to the Minister for her email today relating to this matter, and for acknowledging

“the unique circumstances, given that Rutland’s ceremonial status derives...

My Lords, I am grateful to the noble Baroness, Lady Berridge, for pointing out the possibility of the gap. I have to confess that I had not fully understood that there was likely to be a gap between the two. I have been told that this matter would be satisfactorily...

My Lords, I am grateful to the noble Baroness, Lady Berridge, for pointing out the possibility of the gap. I have to confess that I had not fully understood that there was likely to be a gap between the two. I have been told that this matter would be satisfactorily...

My Lords, this is an important issue on which we have tried to come to a solution. I thank my noble friend Lady Berridge for bringing forward this amendment and explaining the issue so well. It speaks to the wider issue of ensuring that local identities rooted in geography and...

My Lords, this is an important issue on which we have tried to come to a solution. I thank my noble friend Lady Berridge for bringing forward this amendment and explaining the issue so well. It speaks to the wider issue of ensuring that local identities rooted in geography and...

My Lords, I am grateful to the noble Baroness, Lady Berridge, for her amendment. One of the reasons I love local government is the variety of unique and special issues that we come across all the time, and this is one great example of that. I acknowledge Rutland’s unique circumstances,...

My Lords, I am grateful to the noble Baroness, Lady Berridge, for her amendment. One of the reasons I love local government is the variety of unique and special issues that we come across all the time, and this is one great example of that. I acknowledge Rutland’s unique circumstances,...

I am grateful to the Minister for that assurance of continuity. I would have been grateful for clarity that there cannot be the possibility of two sets of statutory instruments, because that is where the possibility of a gap exists, but I am grateful for those reassurances. I hope that...

I am grateful to the Minister for that assurance of continuity. I would have been grateful for clarity that there cannot be the possibility of two sets of statutory instruments, because that is where the possibility of a gap exists, but I am grateful for those reassurances. I hope that...

Moved by

Lord Norton of Louth

318B: After Clause 85, insert the following new Clause—

“Review of the Act

(1) The Secretary of State must—

(a) carry out a review of the operation and effect of this Act,

(b) set out the conclusions of the review in a report,

(c) publish the report, and

(d) lay a copy...

Moved by

Lord Norton of Louth

318B: After Clause 85, insert the following new Clause—

“Review of the Act

(1) The Secretary of State must—

(a) carry out a review of the operation and effect of this Act,

(b) set out the conclusions of the review in a report,

(c) publish the report, and

(d) lay a copy...

My Lords, Governments since 2008 have been committed to undertaking post-legislative scrutiny of Acts three to five years after enactment. In Committee on the Children’s Wellbeing and Schools Bill, the Minister, the noble Baroness, Lady Smith of Malvern, reminded the Committee that she was a member of the Government who...

My Lords, Governments since 2008 have been committed to undertaking post-legislative scrutiny of Acts three to five years after enactment. In Committee on the Children’s Wellbeing and Schools Bill, the Minister, the noble Baroness, Lady Smith of Malvern, reminded the Committee that she was a member of the Government who...

My Lords, one of the advantages of having volunteered to stay beyond the Whip issued to these Benches tonight—and it is 12.50 am—is that it gives me the opportunity briefly to comment on Amendment 318B, moved by the noble Lord, Lord Norton of Louth. There is great merit in the...

My Lords, one of the advantages of having volunteered to stay beyond the Whip issued to these Benches tonight—and it is 12.50 am—is that it gives me the opportunity briefly to comment on Amendment 318B, moved by the noble Lord, Lord Norton of Louth. There is great merit in the...

My Lords, this is an important contribution, and I thank the noble Lord, Lord Norton of Louth, for proposing it. I support it, but I think the Government will want to do things more quickly than five years. What is being proposed is a review of the impact of the...

My Lords, this is an important contribution, and I thank the noble Lord, Lord Norton of Louth, for proposing it. I support it, but I think the Government will want to do things more quickly than five years. What is being proposed is a review of the impact of the...

My Lords, Amendment 318B, in the name of my noble friend Lord Norton of Louth, is a modest and sensible

proposal but one of constitutional importance. The amendment would simply require that, within five years of the Act coming into force, the Secretary of State conduct a review of its...

My Lords, Amendment 318B, in the name of my noble friend Lord Norton of Louth, is a modest and sensible

proposal but one of constitutional importance. The amendment would simply require that, within five years of the Act coming into force, the Secretary of State conduct a review of its...

I thank the noble Lord, Lord Norton, for Amendment 318B and I welcome the spirit in which it has been tabled. I reassure the noble Lord that the Government are already required in law to publish an annual report on English devolution and to lay it before Parliament. Therefore, Parliament...

I thank the noble Lord, Lord Norton, for Amendment 318B and I welcome the spirit in which it has been tabled. I reassure the noble Lord that the Government are already required in law to publish an annual report on English devolution and to lay it before Parliament. Therefore, Parliament...

My Lords, as I mentioned earlier, good law is a public good. It is essential that Acts deliver what they are expected to deliver, and not all do so, as the noble Lord, Lord Shipley, was touching upon. They may be misinterpreted or misunderstood, simply have no effect or have...

My Lords, as I mentioned earlier, good law is a public good. It is essential that Acts deliver what they are expected to deliver, and not all do so, as the noble Lord, Lord Shipley, was touching upon. They may be misinterpreted or misunderstood, simply have no effect or have...

Tabled by

Lord Thurlow

318C: Schedule 34, page 363, line 26, at end insert—

“2A In this schedule, “business tenancy” and “business tenancy with a rent review” refer only to a business that is a small or medium-sized enterprise, as defined by the section 123 of the Procurement Act 2023.”

Member's explanatory statement

This amendment...

Tabled by

Lord Thurlow

318C: Schedule 34, page 363, line 26, at end insert—

“2A In this schedule, “business tenancy” and “business tenancy with a rent review” refer only to a business that is a small or medium-sized enterprise, as defined by the section 123 of the Procurement Act 2023.”

Member's explanatory statement

This amendment...

I would like to thank noble Lords for their contributions on Amendment 318C and particularly for the kind and generous comments from across the House to the noble Lord, Lord Cromwell, and me. I regret too that the surveying and property expertise is becoming depleted by the forthcoming cull and...

I would like to thank noble Lords for their contributions on Amendment 318C and particularly for the kind and generous comments from across the House to the noble Lord, Lord Cromwell, and me. I regret too that the surveying and property expertise is becoming depleted by the forthcoming cull and...

Moved by

Baroness Taylor of Stevenage

319: Schedule 34, page 363, line 31, leave out from “if” to end of line 38 and insert “—

(a) at that time it is a business tenancy with a rent review,

(b) the tenancy was—

(i) granted, or

(ii) varied so that it is subject to rent review terms,

after...

Moved by

Baroness Taylor of Stevenage

319: Schedule 34, page 363, line 31, leave out from “if” to end of line 38 and insert “—

(a) at that time it is a business tenancy with a rent review,

(b) the tenancy was—

(i) granted, or

(ii) varied so that it is subject to rent review terms,

after...

Moved by

Baroness Taylor of Stevenage

324A: Clause 86, page 85, line 10, at end insert—

““LGA 2000” means the Local Government Act 2000;”

Member's explanatory statement

This would add a definition of “LGA 2000” to the Bill.

324B: Clause 86, page 85, line 11, at end insert—

““LGPIHA 2007” means the Local Government and Public Involvement...

Moved by

Baroness Taylor of Stevenage

324A: Clause 86, page 85, line 10, at end insert—

““LGA 2000” means the Local Government Act 2000;”

Member's explanatory statement

This would add a definition of “LGA 2000” to the Bill.

324B: Clause 86, page 85, line 11, at end insert—

““LGPIHA 2007” means the Local Government and Public Involvement...

Moved by

Baroness Taylor of Stevenage

325A: After Clause 88, insert the following new Clause—

“Certain orders and regulations provided for by Parts 1 and 2

(1) Section 117 of LDEDCA 2009 (orders and regulations) is amended in accordance with subsections (2) to (5).

(2) In subsection (2) for

“An order to which subsection (2A) applies”

substitute

“Subject...

Moved by

Baroness Taylor of Stevenage

325A: After Clause 88, insert the following new Clause—

“Certain orders and regulations provided for by Parts 1 and 2

(1) Section 117 of LDEDCA 2009 (orders and regulations) is amended in accordance with subsections (2) to (5).

(2) In subsection (2) for

“An order to which subsection (2A) applies”

substitute

“Subject...

Moved by

Baroness Taylor of Stevenage

327: Clause 92, page 88, line 3, leave out subsections (2) and (3) and insert—

“(1A) But none of the following provisions comes into force in accordance with subsection (1)(c)—

(a) section (Mayoral combined authorities and CCAs: overview and scrutiny committees) (and Schedules (Mayoral CCAs: overview and scrutiny...

Moved by

Baroness Taylor of Stevenage

327: Clause 92, page 88, line 3, leave out subsections (2) and (3) and insert—

“(1A) But none of the following provisions comes into force in accordance with subsection (1)(c)—

(a) section (Mayoral combined authorities and CCAs: overview and scrutiny committees) (and Schedules (Mayoral CCAs: overview and scrutiny...

My Lords, I will speak to Amendments 263ZA and 263ZB. I declare that I am chair of Sport Wales, I have recently been appointed to the board of Active Travel England and I am a patron of Fields in Trust. Sport England is notified only if there is loss or...

My Lords, I will speak to Amendments 263ZA and 263ZB. I declare that I am chair of Sport Wales, I have recently been appointed to the board of Active Travel England and I am a patron of Fields in Trust. Sport England is notified only if there is loss or...

My Lords, I support the amendments in the name of the noble Earl, Lord Clancarty, to all of which I have added my name. I have also added my name to Amendments 255 and 257.

The amendments tabled by the noble Earl do two simple things. Amendment 262 defines “cultural interests”...

My Lords, I support the amendments in the name of the noble Earl, Lord Clancarty, to all of which I have added my name. I have also added my name to Amendments 255 and 257.

The amendments tabled by the noble Earl do two simple things. Amendment 262 defines “cultural interests”...

My Lords, I add my support for Amendments 255 and 257. I will not repeat what has been so eloquently said by my noble friend Lord Freyberg and the noble Baroness, Lady Jones of Moulsecoomb, but, as the Minister pointed out in Committee, environmental assets can be included in the...

My Lords, I add my support for Amendments 255 and 257. I will not repeat what has been so eloquently said by my noble friend Lord Freyberg and the noble Baroness, Lady Jones of Moulsecoomb, but, as the Minister pointed out in Committee, environmental assets can be included in the...

My Lords, at its heart this group of amendments speaks to something fundamental—the importance of preserving those local assets that bind communities together. Whether they are pubs, sports grounds, community halls or green

spaces, these are important spaces for local people. They are the places of shared identity and connection....

My Lords, at its heart this group of amendments speaks to something fundamental—the importance of preserving those local assets that bind communities together. Whether they are pubs, sports grounds, community halls or green

spaces, these are important spaces for local people. They are the places of shared identity and connection....

My Lords, I thank the noble Lords for their amendments regarding community right to buy an asset of community value,

which I will refer to as an ACV, and to all noble Lords for participating in a very useful and thoughtful debate.

I will begin with Amendment 247. The noble Baroness,...

My Lords, I thank the noble Lords for their amendments regarding community right to buy an asset of community value,

which I will refer to as an ACV, and to all noble Lords for participating in a very useful and thoughtful debate.

I will begin with Amendment 247. The noble Baroness,...

Before the Minister sits down, are the Government actually saying that environmental assets, environmental benefits, are secondary to social and economic ones and that they are not all intertwined? I cannot believe such blindness on such an important issue.

Before the Minister sits down, are the Government actually saying that environmental assets, environmental benefits, are secondary to social and economic ones and that they are not all intertwined? I cannot believe such blindness on such an important issue.

No, I am saying that if an asset is of value to the community for environmental purposes, that would fit in with the economic and social purposes we have set out.

No, I am saying that if an asset is of value to the community for environmental purposes, that would fit in with the economic and social purposes we have set out.