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Clause 1 - Disapplication of apportionment etc. rules

Part of Trusts (Capital and Income) Bill [LORDS] – in a Public Bill Committee at 8:55 am on 13th November 2012.

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Photo of Helen Grant Helen Grant The Parliamentary Under-Secretary of State for Women and Equalities 8:55 am, 13th November 2012

It is a pleasure to serve under your chairmanship, Mr Leigh.

The Bill is a short, technical measure that will reform the law of trusts in modest but worthwhile ways. It implements, with minor modifications, Law Commission recommendations. It is the product of careful consideration and consultation with leading experts and stakeholders by the Law Commission and, more recently, the Ministry of Justice.

The Bill will simplify and modernise the law, and I commend it to the Committee.