Regulatory Enforcement and Sanctions Bill [HL]

moved Amendment No. 164: 164: Before Clause 63, insert the following new Clause— ““Compliance with regulatory principles (1) The relevant authority may not make any provision under or by virtue of this Part conferring power on a regulator— (a) to impose a fixed monetary penalty in relation to an offence, (b) to impose a discretionary requirement in relation to an offence, (c) to serve a stop notice in relation to an offence, or (d) to accept an enforcement undertaking in relation to an offence, unless the authority is satisfied that the regulator will act in accordance with the principles referred to in section 5(2) in exercising that power.”” (2) In this section ““relevant authority”” means— (a) in relation to provision made under or by virtue of this Part by a Minister of the Crown, the Minister; (b) in relation to provision made under or by virtue of this Part by the Welsh Ministers, the Welsh Ministers.”” On Question, amendment agreed to. Clause 63 [Review]: