Lords third reading. Agreed to on question.

Lords third reading. Agreed to on question.

Moved by

Lord Robathan

Moved by

Lord Robathan

My Lords, I beg to move that the Bill do now pass, and that is probably quite enough from me.

3.40 pm

My Lords, I beg to move that the Bill do now pass, and that is probably quite enough from me.

3.40 pm

My Lords, I understand that no amendments have been set down to this Bill and that no noble Lord has indicated a wish to move a manuscript amendment or to speak in Committee. Unless, therefore, any noble Lord objects, I beg to move that the order of commitment be discharged.

My Lords, I understand that no amendments have been set down to this Bill and that no noble Lord has indicated a wish to move a manuscript amendment or to speak in Committee. Unless, therefore, any noble Lord objects, I beg to move that the order of commitment be discharged.

Lords motion that order of commitment be discharged. Agreed to on question.

Lords motion that order of commitment be discharged. Agreed to on question.

My Lords, this is a very straightforward Bill and I trust that it will be uncontroversial. It was introduced in the other place by my honourable friend for Wellingborough, Peter Bone, but there was, before that, an excellent debate—which I commend to anyone who wishes to read it—in Westminster Hall...

My Lords, this is a very straightforward Bill and I trust that it will be uncontroversial. It was introduced in the other place by my honourable friend for Wellingborough, Peter Bone, but there was, before that, an excellent debate—which I commend to anyone who wishes to read it—in Westminster Hall...

As the noble Lord, Lord Robathan, said, the aim of this Private Member’s Bill—introduced in the Commons by the Conservative MP Peter Bone—is

to reverse a 2014 decision of the Court of Justice of the European Union that expanded the types of vehicles required to have compulsory third-party motor insurance....

As the noble Lord, Lord Robathan, said, the aim of this Private Member’s Bill—introduced in the Commons by the Conservative MP Peter Bone—is

to reverse a 2014 decision of the Court of Justice of the European Union that expanded the types of vehicles required to have compulsory third-party motor insurance....

My Lords, I thank my noble friend Lord Robathan for bringing forward this Bill, which, as he noted, has already had a successful passage through the other place, and I thank the noble Lord, Lord Rosser, for his considered and thoughtful contribution. There is not much more that could be...

My Lords, I thank my noble friend Lord Robathan for bringing forward this Bill, which, as he noted, has already had a successful passage through the other place, and I thank the noble Lord, Lord Rosser, for his considered and thoughtful contribution. There is not much more that could be...

My Lords, I thank my noble friend the Minister for her detailed explanation of the Government’s position, which was most useful. I also thank the noble Lord, Lord Rosser, from the Opposition Front Bench, for what I thought were very sensible questions. I think it has all been said, so...

My Lords, I thank my noble friend the Minister for her detailed explanation of the Government’s position, which was most useful. I also thank the noble Lord, Lord Rosser, from the Opposition Front Bench, for what I thought were very sensible questions. I think it has all been said, so...

Lords second reading. Agreed to on question. Committed to a Committee of the Whole House.

Lords second reading. Agreed to on question. Committed to a Committee of the Whole House.

My Lords, as the noble Lord is aware, I cannot give him a timescale for this. As the Prime Minister said last week, we remain committed to this legislation. We have already carried out pre-legislative scrutiny on it and we will legislate when parliamentary time allows.

My Lords, as the noble Lord is aware, I cannot give him a timescale for this. As the Prime Minister said last week, we remain committed to this legislation. We have already carried out pre-legislative scrutiny on it and we will legislate when parliamentary time allows.

My Lords, the Government have long promised a full public register of beneficial ownership, alongside a comprehensive set of reforms to Companies House. Reforms are being made, but the pace is slow and the level of ambition is low. If the Government truly want to crack down on fraud and...

My Lords, the Government have long promised a full public register of beneficial ownership, alongside a comprehensive set of reforms to Companies House. Reforms are being made, but the pace is slow and the level of ambition is low. If the Government truly want to crack down on fraud and...

Well, the issue is being treated with urgency. The Treasury is undertaking a number of different anti-money laundering pieces of work. We have already commenced the reforms required in Companies House. We will spend £12 million in 2023-24 and 2024-25 on economic crime reforms and £63 million in a spending...

Well, the issue is being treated with urgency. The Treasury is undertaking a number of different anti-money laundering pieces of work. We have already commenced the reforms required in Companies House. We will spend £12 million in 2023-24 and 2024-25 on economic crime reforms and £63 million in a spending...

What is my noble friend’s definition of “urgency”?

What is my noble friend’s definition of “urgency”?

It is an important matter; it is one of many important matters on the Government’s agenda; and, when parliamentary time allows, we will legislate for it.

It is an important matter; it is one of many important matters on the Government’s agenda; and, when parliamentary time allows, we will legislate for it.

The draft legislation over these entities is quite closely linked to this. Perhaps the Minister can tell us whether that will be wrapped up in an economic crime Bill when it comes, or whether it will be a separate Bill. Perhaps at the same time he could tell us what...

The draft legislation over these entities is quite closely linked to this. Perhaps the Minister can tell us whether that will be wrapped up in an economic crime Bill when it comes, or whether it will be a separate Bill. Perhaps at the same time he could tell us what...

Indeed, the register of overseas entities Bill is currently tied up in the economic crime Bill, which we hope to make progress on as quickly as possible. However, I do not want to rule out any alternative legislative routes that might present themselves. As the noble Lord will be aware,...

Indeed, the register of overseas entities Bill is currently tied up in the economic crime Bill, which we hope to make progress on as quickly as possible. However, I do not want to rule out any alternative legislative routes that might present themselves. As the noble Lord will be aware,...