Moved by
Lord Prior of Brampton
183: Clause 92, page 60, line 31, leave out subsection (3) and insert—
“(3) Arrangements under this section must require Innovate UK, when exercising any function to which the arrangements relate, to have regard to—
(a) the need to support (directly or indirectly) persons engaged in business activities in the United Kingdom,
(b) the need to promote innovation by persons carrying on business in the United Kingdom, and
(c) the desirability of improving quality of life in the United Kingdom.”