Clause 104
Tribunals, Courts and Enforcement Bill [Lords]
3:00 pm
Brooks Newmark (Braintree, Conservative)
Again, the Minister has not really persuaded me. My concern is that if there is some sense or perception on the part a scheme that it has, even in law, the approval or Government backing for what it is doing, it may be out there marketing itself as a professional operation that has the stamp approval of a regulated body. That might open the system to some level of abuse. I appreciate that such abuses might happen only at the margin, but the whole point of having a regulatory body and of regulatory approval is to protect the innocent and the vulnerable from those that might prey on them. Will the Minister once again clarify, perhaps more formally than she has, what the schemes are and under what restrictions they will operate?