I beg to move, That the Bill be now read a Second time.
This is a very short and, I would like to think, perfectly formed Bill. I thank all those who have helped to expedite this simple but important piece of legislation to this point. As Secretary of State for Northern Ireland, my focus has always been on facilitating the return of devolved institutions and upholding the Belfast/Good Friday agreement in all its strands. This Bill is no different, and hopefully plays a part in that.
The UK Government believe in the agreement. We believe in devolution. We believe in localism. We strongly believe in power sharing. That is why I am today legislating to extend retrospectively the Executive formation period to 8 February 2024. The people of Northern Ireland deserve locally elected decision makers and want them to address the issues that matter to them. This very short extension provided for by the legislation will create the legal means to allow the Assembly to sit and get the Executive up and running as soon as possible.
Importantly, a restored Executive will have access to the significant financial package that I announced before Christmas, worth more than £3.3 billion, to secure and transform Northern Ireland’s public services. Ministers will be empowered to immediately begin working to address the needs of local people and unleash Northern Ireland’s full and amazing potential. This Bill to helps to deliver that outcome and support the return of devolved governance to the citizens of Northern Ireland. On that note, I conclude my remarks for now and commend the Bill to the House.
1.26 pm