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Capital Requirements (Amendment) (EU Exit) Regulations 2018 - Motion to Approve

– in the House of Lords at 3:42 pm on 19th December 2018.

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Moved by Lord Bates

That the draft Regulations laid before the House on 15 November be approved. Considered in Grand Committee on 12 December

Photo of Lord Foulkes of Cumnock Lord Foulkes of Cumnock Labour

My Lords, I was unable to attend the Grand Committee because of business in the House. Will the Minister confirm whether this is another of the many hundreds of statutory instruments that this House has to consider to prepare for a no-deal exit from the European Union, which no one in their right minds wants and on which a large number of civil servants are spending time which they could use more profitably?

Photo of Lord Bates Lord Bates The Minister of State, Department for International Development

The noble Lord will find out there are 17.4 million people in their right minds who voted for this. The Government are following through that proposal.

Motion agreed.