Financial Services and Markets Bill – in the House of Commons at 5:45 pm on 7 December 2022.
Amendments made: 14, page 54, line 38, at end insert—
“(8A) Subsections (7) and (8) are subject to section 1MA.”
This amendment would ensure that NC18 applies in the case of the FCA Cost Benefit Analysis Panel (which is a new panel required by clause 40 of the Bill).
Amendment 15, page 55, line 29, at end insert—
“(8A) Subsections (7) and (8) are subject to section 2LA.”—(Andrew Griffith.)
This amendment would ensure that NC18 applies in the case of the PRA Cost Benefit Analysis Panel (which is a new panel required by clause 40 of the Bill).
A parliamentary bill is divided into sections called clauses.
Printed in the margin next to each clause is a brief explanatory `side-note' giving details of what the effect of the clause will be.
During the committee stage of a bill, MPs examine these clauses in detail and may introduce new clauses of their own or table amendments to the existing clauses.
When a bill becomes an Act of Parliament, clauses become known as sections.
As a bill passes through Parliament, MPs and peers may suggest amendments - or changes - which they believe will improve the quality of the legislation.
Many hundreds of amendments are proposed by members to major bills as they pass through committee stage, report stage and third reading in both Houses of Parliament.
In the end only a handful of amendments will be incorporated into any bill.
The Speaker - or the chairman in the case of standing committees - has the power to select which amendments should be debated.
A parliamentary bill is divided into sections called clauses.
Printed in the margin next to each clause is a brief explanatory `side-note' giving details of what the effect of the clause will be.
During the committee stage of a bill, MPs examine these clauses in detail and may introduce new clauses of their own or table amendments to the existing clauses.
When a bill becomes an Act of Parliament, clauses become known as sections.
