Clause 1 - The UK Infrastructure Bank

UK Infrastructure Bank Bill [Lords] – in a Public Bill Committee at 9:25 am on 22 November 2022.

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Question proposed, That the clause stand part of the Bill.

Photo of Andrew Griffith Andrew Griffith The Economic Secretary to the Treasury

It is a pleasure to serve under your chairmanship, Mr Davies. I thank Members for their work on the Committee this morning. Clause 1 is a technical clause that outlines that the company incorporated as the UK Infrastructure Bank will be referred to as “the Bank” for the purposes of the Bill, and links it in legislation to its company registration number. The clause is essential to ensure that the Bill refers to the correct legal entity. I recommend that it stand part.

Clause 1 ordered to stand part of the Bill.