Clause 1 - The Office of Communications
Office of Communications Bill [Lords]
3:45 pm
Mr Paul Farrelly (Newcastle-under-Lyme, Labour)
Much has been made of the alleged vacuum that a Bill such as this will leave, rather than it being seen as a sensible, preparatory step. Does the hon. Lady agree that these paving arrangements are nothing new? The Financial Services Authority was set up in advance of the city legislation taking effect, and the transitional arrangements worked well. There was not a massive outcry when that legislation was enacted.