To ask the Secretary of State for Business, Energy and Industrial Strategy, what the timetable is for the Government response to the consultation on the draft Registration of Overseas Entities Bill.
The Government published the draft Registration of Overseas Entities Bill on 23 July. Alongside this, an Overview Document was published which, while providing an overview of the policy and how the register will work, sought views on how the clauses will be implemented in practice.
The draft Bill is expected to undergo pre-legislative scrutiny by a joint ad hoc Committee. The Committee will report to Parliament, following which the Government intends to respond to the Committee’s report. The response will reflect the responses to the Overview Document.