Moved by
Lord Hodgson of Astley Abbotts
41C: After Clause 80, insert the following new Clause—
“Review of operation of Schedule 8
(1) The Secretary of State must, before the end of the period of five years beginning with the day on which this Act is passed, appoint a person to review generally the operation of Schedule 8 to this Act.
(2) The review must address, in particular, the following matters—
(a) the number and outcome of cases brought under the Schedule,
(b) the amount paid as a result of these cases to consumers, professional advisers and third party funders, and
(c) the extent to which consumers overall have benefitted from the operation of the Schedule.
(3) After the person appointed under subsection (1) has completed his review, he must compile a report of his conclusions.
(4) The Secretary of State must lay before Parliament a copy of the report made under subsection (3).”