Office of Communications Bill [Lords]
4:30 pm
Mr Michael Fabricant (Lichfield, Conservative)
I am following the Minister's argument with great interest. He is talking about the amount of payment that will be made by those who are regulated. Can he give some idea of the basis on which the interest rates that will be charged to Ofcom will be set, as that will be significant when it eventually recovers the moneys from the bodies that it is regulating?