Compensation Bill [HL]

My Lords, I endorse everything the noble Lord, Lord Hunt of Wirral, has said. I think the amendments introduced by the Government—not only those in this group—have enormously improved the Bill, which I think is now, subject to one or two quibbles, fit for purpose and in a state to go to the other place. I am also very grateful to the Minister for ensuring that we were able to see the draft model rules before today. I have not had a chance to go through them in detail, but then they are not really a matter for your noble Lordships’ House. But we do at least know that the model rules have been prepared and that there is therefore a framework that can be used as a basis for the rules that will be made by the regulator. Certainly we are entirely happy with the amendments in this group.