Part of the debate – in the House of Lords at 8:00 pm on 9 February 2010.
My Lords, the Minister was very interesting on the subject of the Treasury's quarterly report. Will he explain why the Government's own draft legislation to replace this temporary Bill includes a specific requirement to table a report? If we were considering the draft Bill and I had tabled an amendment to Clause 24, would the Minister not say that the Treasury already does a quarterly report on asset-freezing? I am a bit mystified as to why the draft Bill has a specific requirement to table a report, which seems like a good idea, and why it should not be applied to the Bill that we are now considering.