It is not for me to second-guess the discussions of the business managers in the House about how the Bill will progress, but I think that it is our intention to have the regulations, which hon. Members will want to look at, ready by October. There will then be a transitional period during which applications will be made to the regulator, who will consider them. We hope to have the system fully operating by April 2007. I accept the hon. Gentleman’s point about the Law Society, and indeed others who already have a regulatory framework in place. They should now be looking to ensure that they take a more proactive stance on these matters. I should say that the Law Society is already taking a number of firms, particularly those involved in the coal compensation scheme, to its disciplinary tribunal. It is aware that the House takes a firm view on these matters.
Compensation Bill [Lords]
Proceeding contribution from
Bridget Prentice
(Labour)
in the House of Commons on Thursday, 8 June 2006.
It occurred during Debate on bills on Compensation Bill (HL).
Type
Proceeding contribution
Reference
447 c432 
Session
2005-06
Chamber / Committee
House of Commons chamber
Subjects
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2024-04-21 13:57:07 +0100
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