UK Parliament / Open data

Financial Services and Markets Act 2000 (Excluded Activities and Prohibitions) Order 2014

My Lords, I thank the Minister for his presentation of these orders. The Opposition will not object to them. Indeed, in some ways they are unsurprising to the extent to which I sat through them with colleagues, facing the noble Lord, Lord Newby, through many hours of the parent Bills. As far as I can tell, most of the features appearing in these orders have already been mentioned in debates, notes and so on. They seem to do the job. I have just a couple of direct questions about the orders, and one or two wider questions that I hope the Minister will be able to respond to.

It is very interesting in terms of political process the extent to which we depend on the supporting material. It is conceivable to put in the 30-odd hours that are necessary to work from the Act through to the orders, through to whether the Explanatory Memorandum properly explains the legislation. I trust the Minister.

Type
Proceeding contribution
Reference
755 c345GC 
Session
2014-15
Chamber / Committee
House of Lords Grand Committee
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