UK Parliament / Open data

Economic Crime (Transparency and Enforcement) Bill

Proceeding contribution from Baroness Neville-Rolfe (Conservative) in the House of Lords on Monday, 14 March 2022. It occurred during Committee of the Whole House (HL) and Debate on bills on Economic Crime (Transparency and Enforcement) Bill.

Moved by

Baroness Neville-Rolfe

91: Clause 52, page 32, line 35, at end insert—

“(2A) In section 1, after subsection (10) insert—

“(11) Before making any regulations under this section the Secretary of State must lay an impact assessment before Parliament.

(12) The Secretary of State must specify a date on which regulations made under this section cease to have effect.””

Member’s explanatory statement

This is a probing amendment and is intended to seek confirmation that an impact assessment will be prepared before such regulations are laid. It also provides for appropriate sunset Clauses.

Type

Proceeding contribution

Reference

820 c100

Session

2021-22

Chamber / Committee

House of Lords chamber

Subjects

Disclosure of information

Armed conflict

Civil proceedings

Corruption

Devolution

Land

Foreign companies

Ownership

Ministerial powers

Proceeds of crime

Property

Money laundering

Recovery of costs

Registration

Transitional arrangements

Trusts

Sanctions

Russia

Ukraine

Companies House

Impact assessments

Sunset clauses

Economic crime

Legislation

Economic Crime (Transparency and Enforcement) Bill 2021-22

Link

View this Proceeding contribution on hansard.parliament.uk