Session 2012 - 13
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25

 

House of Commons

 
 

Notices of Amendments

 

given on

 

Thursday 21 June 2012

 

For other Amendment(s) see the following page(s):

 

Enterprise and Regulatory Reform Bill Committee 15-23

 

Public Bill Committee


 

Enterprise and Regulatory Reform Bill

 

Mr Iain Wright

 

Ian Murray

 

Chi Onwurah

 

18

 

Clause  13,  page  11,  line  13,  at end insert—

 

‘(11)    

Any money paid by an employer purporting to meet a liability to pay a penalty

 

under this section shall be treated instead as payment of any financial award on a

 

claim against that employer to the extent that any such award has not been paid.’.

 

Fiona O’Donnell

 

19

 

Clause  13,  page  11,  line  13,  at end insert—

 

‘(11)    

All monies in respect of financial penalties collected under this section shall be

 

hypothecated directly to ACAS.’.

 

Mr Iain Wright

 

Ian Murray

 

Chi Onwurah

 

20

 

Clause  6,  page  4,  line  4,  at end add—

 

‘(5)    

The Secretary of State will be required to receive an independent expert review

 

of the performance of the UK Green Investment Bank.

 

(6)    

The Secretary of State will be required to receive such a review no less than every

 

five years.

 

(7)    

An interim review must be held no less frequently than every two and a half years.

 

(8)    

The independent expert review must, in particular, include information relating

 

to—

 

(a)    

an assessment of the UK Green Investment Bank’s environmental

 

performance in fulfilling the green purposes as set out in section 1,


 
 

Notices of Amendments: 21 June 2012                     

26

 

Enterprise and Regulatory Reform Bill, continued

 
 

(b)    

an analysis of the main trends and factors likely to affect the future

 

development, performance and investments of the UK Green Investment

 

Bank,

 

(c)    

Macroeconomic analysis, including assessments of demand in the UK

 

economy and international factors likely to affect green investment and

 

skills within the relevant industries,

 

(d)    

assessment of the competitiveness of the UK Green Investment Bank in

 

securing competitive advantage for the UK in green and low carbon

 

economies relative to other countries, and

 

(e)    

recommendations to improve the UK Green Investment Bank’s impact in

 

fulfilling its green purposes in section 1.

 

(9)    

Prior to the commencement of a review under subsection (5), the Secretary of

 

State must request the views of—

 

(a)    

the Secretary of State for Energy and Climate Change,

 

(b)    

the Secretary of State for Environment, Food and Rural Affairs,

 

(c)    

the Committee on Climate Change,

 

(d)    

Ministers from the devolved administrations,

 

(e)    

investors and interested parties, and

 

(f)    

members of the public.

 

    

and provide a copy of the results of the consultations to the person or persons

 

undertaking the independent review.

 

(10)    

The Secretary of State, in the capacity of shareholder, must provide such

 

information as he considers reasonable to enable the person or body undertaking

 

the review to fulfil the requirements of subsection (8).

 

(11)    

A review under subsection (5) must be published and laid before both Houses of

 

Parliament.’.

 

 

NOTICES WITHDRAWN

 

The following Notices have been withdrawn: 21 June 2012:

 

Amendments 16 and 17

 

NC3

 


 
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