Clause 47

Part of Consumers, Estate Agents and Redress Bill – in a Public Bill Committee at 11:00 am on 24 April 2007.

Alert me about debates like this

Photo of Mark Prisk Mark Prisk Shadow Minister (Business, Enterprise and Regulatory Reform) 11:00, 24 April 2007

I beg to move amendment No. 32, in clause 47, page 27, line 19, leave out paragraph (b).

This simple, probing amendment would remove the Secretary of State’s administrative role when setting up a redress scheme and leads to a single, simple question for the Minister: will he explain why the Secretary of State would need to directly administer a scheme? It is important that redress schemes are approved by a local regulator, but it is also important that they are independent of central Government, and are seen to be such. Therefore, could the Minister explain why the Government deemed it necessary to be so involved, directly or indirectly, in the administration of redress schemes? What exactly could the Secretary of State do that the regulator could not?