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European Union (Withdrawal) Bill - Report (6th Day)

Part of the debate – in the House of Lords at 7:15 pm on 8th May 2018.

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Photo of Lord Carrington of Fulham Lord Carrington of Fulham Conservative 7:15 pm, 8th May 2018

We intended to cover this under the previous group of amendments, as my noble friend said. This is a very important although highly technical area, transposing European law into English law for the sake of contract agreements. Under the way this is currently phrased in the Bill, there is a danger that the UK version of the EU law would be transposed into EU versions of EU law. The amendments are concerned with consulting on how this can be avoided, so that international contracts made under UK law can continue to be made under UK law for the benefit of the City of London, financial services and the accountancy and legal professions in London. With that, I congratulate my noble friend on this consultation and greatly welcome it.