My Lords, I did not go as far as that, in terms of amendments at Third Reading, and I am not going to go as far as that now. As I said, the new system will not come into force immediately, but it will come into force during the course of 2013. I will write to the noble Lord if I am wrong about this, but my understanding is that the funding that is required from the claims management company sector, as it were, will come from the levy, which is being increased at the moment. If I am wrong in that, I will write to the noble Lord.
Financial Services Bill
Proceeding contribution from
Lord Newby
(Liberal Democrat)
in the House of Lords on Wednesday, 28 November 2012.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
741 c243 
Session
2012-13
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2023-11-26 10:34:32 +0000
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