Compensation Bill [HL]

moved Amendment No. 31:"Page 8, line 11, leave out sub-paragraph (2) and insert—" ““(2)   Regulations by virtue of this sub-paragraph may permit waiver in relation to a person only— (a)   if the Secretary of State intends to exempt the person under section 4, and (b)   for a single period not exceeding six months.”” The noble Baroness said: My Lords, in moving Amendment No. 31, I shall also speak to Amendment No. 33. I agreed in Grand Committee that I would table amendments to make the regulator’s power to waive the need for authorisation temporary and time-limited. Amendment No. 31 will amend the provision at paragraph 3 of the schedule as agreed. Amendment No. 33 is consequential on Amendment No. 31. Persons or classes of persons will be exempted by order of the Secretary of State. As I have already explained, we envisage that the first order under Clause 4(2) will include all those persons and organisations who will be exempted from the need to seek authorisation. Obviously, we will be compiling a list. However, there may be persons or organisations that are missed from the first order. There may also be new organisations that are established that will also not need to be authorised. These individuals will be able to seek a temporary waiver from the regulator pending the making of a further order. Regulations will require the regulator to inform the Secretary of State of any individual whom he considers should be exempted. He would waive the individual if the Secretary of State concludes that the person or class of person meets the criteria for inclusion in the next order. I beg to move.