Clause 50

Part of Consumers, Estate Agents and Redress Bill – in a Public Bill Committee at 11:15 am on 24 April 2007.

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Photo of Mark Prisk Mark Prisk Shadow Minister (Business, Enterprise and Regulatory Reform) 11:15, 24 April 2007

I beg to move Amendment No. 39, in Clause 50, page 30, line 25, leave out from ‘scheme’ to end of line 26.

Clause 50(4) reads:

“A regulator may, in accordance with section 51, withdraw its approval of a redress scheme,” but goes on to say that it

“may do so generally or in relation to consumer complaints of a description specified by the regulator.”

The purpose of this probing amendment is simply to establish on what basis a regulator might withdrawits approval of a redress scheme. The wording of the subsection is a little unclear, and for the sake of the record it would be helpful if the Minister couldclarify it.

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clause

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.

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