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| Clause 19, page 54, line 39, leave out from ‘after’ to end of line 40 and insert |
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| ‘“expenses incurred by it in” there is inserted “, or charges imposed by it for,”.’. |
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| Clause 23, page 56, line 36, at beginning insert ‘(1)’. |
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| Clause 23, page 57, line 2, at end insert— |
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| | ‘(2) | In section 2 of the Water Industry Act 1991 (General duties of the Secretary of |
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| | State and the Water Services Regulation Authority with respect to the water |
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| | industry), in subsection (3) (general considerations in exercising powers and |
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| | duties), in paragraph (e) at the end for the full stop substitute a semi-colon and |
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| | after paragraph (e) there is inserted— |
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| | “(f) | to secure the provision of services by licensed water suppliers |
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| | and licensed sewerage suppliers in a manner that is not |
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| | detrimental to the exercise of the functions referred to in |
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| | subsection (2A)(b) above.’. |
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| Page 56, line 35, leave out Clause 23. |
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| Clause 24, page 57, line 6, leave out ‘may from time to time’ and insert ‘must’. |
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| Clause 24, page 57, line 6, leave out ‘a’ and insert ‘an annual’. |
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| Clause 24, page 57, line 8, at end insert— |
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| | ‘(1A) | Following the publication of a statement under subsection (1) the Secretary of |
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| | State may instruct the Authority to conduct a review of pricing of water.’. |
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| Clause 24, page 57, line 23, leave out ‘and’ and insert— |
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| Clause 24, page 58, line 19, leave out ‘and’ and insert— |
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| | ‘(fa) | the Environment Agency, and’. |
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| Clause 27, page 60, line 28, leave out ‘and’ and insert— |
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| Clause 28, page 61, line 5, leave out ‘change’ and insert ‘amend’. |
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| Clause 34, page 68, line 26, leave out paragraphs (b) and (c). |
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| Clause 35, page 70, leave out lines 13 to 16 and insert— |
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| | ‘(1) | Except where otherwise provided, the functions of the CMA with respect to |
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| | appeals under section 207A are to be carried out on behalf of the CMA by a group |
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| | constituted for the purpose by the chair of the CMA under Schedule 4 to the |
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| | Enterprise and Regulatory Reform Act 2013.’. |
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| Clause 35, page 71, leave out lines 23 to 28. |
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| Clause 36, page 71, line 33, at end insert— |
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| | ‘“General guidance on charges’. |
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| Clause 36, page 71, line 34, leave out ‘Guidance relating to rules about’ and insert |
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| Clause 36, page 71, line 35, leave out from beginning to end of line 2 on page 72 |
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| | ‘(1) | The Minister must issue guidance about the principles to be applied by the |
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| | Authority in determining the provisions of— |
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| | (a) | rules under section 66E; |
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| | (b) | rules under section 117I; |
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| | (c) | rules under section 143B. |
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| | (1A) | The Minister may issue guidance about the principles to be applied by the |
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| | Authority in determining the provisions of— |
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| | (a) | rules under section 40E; |
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| | (b) | rules under section 51CD; |
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| | (c) | rules issued in accordance with regulations under section 66M; |
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| | (d) | rules under section 105ZF; |
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| | (e) | rules under section 110F; |
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| | (f) | rules under section 144ZA. |
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| | (1B) | Guidance under subsection (1) or (1A) may include other guidance about the |
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| | provisions of any of the rules mentioned in subsection (1) or (1A). |
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| | (1C) | The Minister may issue guidance about the principles to be applied by the |
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| | Authority in determining the contents of other documents produced by the |
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| | Authority about charges that may be imposed by relevant undertakers or water |
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| | supply or sewerage licensees. |
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| | (1D) | Guidance under subsection (1C) may include other guidance about the contents |
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| | of the documents mentioned in subsection (1C).’. |
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| Clause 36, page 72, line 6, leave out ‘the guidance’ and insert ‘guidance under this |
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| Clause 36, page 72, line 19, leave out ‘the guidance’ and insert ‘guidance issued |
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| Clause 37, page 74, line 46, leave out from ‘exercised’ to end of line 47 and |
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| | ‘(i) | in relation to a relevant undertaker whose area is wholly or |
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| | (ii) | in relation to a water supply licensee using the supply system of |
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| | such an undertaker (see section 17B), or |
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| | (iii) | in relation to a sewerage licensee using the sewerage system of |
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| | such an undertaker (see section 17BA);’. |
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| Clause 37, page 74, line 49, leave out from ‘exercised’ to end of line 50 and |
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| | ‘(i) | in relation to a relevant undertaker whose area is wholly or |
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| | (ii) | in relation to a water supply licensee using the supply system of |
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| | such an undertaker (see section 17B);’. |
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| Schedule 7, page 142, line 9, at end insert— |
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| | ‘(1ZA) | Before determining the standard conditions, the Secretary of State must consult |
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| | the Welsh Ministers as regards conditions relating to a restricted retail |
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| | authorisation or a supplementary authorisation.’. |
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| Schedule 7, page 151, line 31, after ‘1A’ insert ‘of this Part’. |
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| Schedule 7, page 155, line 33, at end insert— |
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| | ‘ | In section 47 (conditions of connection with water main), in subsection (1), for |
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| | “sections 48 to” substitute “sections 49 and”.’. |
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| Schedule 7, page 155, line 39, at end insert— |
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| | ‘ | In section 55 (supplies for non-domestic purposes), in subsection (1A)(b), after |
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| | “17C above) or” insert “, in the case of premises to be supplied using the |
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| | supply system of a water undertaker whose area is wholly or mainly in |
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| Clause 41, page 77, line 37, at end insert— |
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| | ‘( ) | The Water Resources Act 1991 is amended as follows.’. |
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| Clause 41, page 77, line 38, leave out ‘of the Water Resources Act 1991’. |
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| Clause 41, page 77, line 41, at end insert— |
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| | ‘( ) | Section 61A (recovery of compensation from new licence-holder) is repealed.’. |
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| Page 89, line 3, leave out Clause 47. |
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| Clause 56, page 91, line 22, at end insert— |
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| | ‘(za) | section (Disclosure of information: preparatory purposes);’. |
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| | The Flood Reinsurance Scheme |
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| To move the following Clause:— |
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| | ‘(1) | For the purposes of this Part, the Flood Reinsurance Scheme is a scheme which— |
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| | (a) | is established for the purpose mentioned in subsection (2), and |
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| | (b) | is designated for the purposes of this Part by regulations made by the |
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| | (2) | The purpose referred to in subsection (1)(a) is the purpose of providing |
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| | reinsurance to relevant insurers in respect of such risks relating to flooding as are |
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| | identified by the scheme, in such a way as to— |
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| | (a) | promote the availability and affordability of flood insurance for |
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| | household premises while minimising the costs of doing so, and |
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| | (b) | manage, over the period of operation of the scheme, the transition to risk- |
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| | reflective pricing of flood insurance for household premises. |
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| | (3) | Subsection (5) applies where the terms of the FR Scheme governing the |
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| | availability of reinsurance under the FR Scheme for an insurance policy include |
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| | a requirement as mentioned in subsection (4). |
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| | (4) | The requirement is that the part of the premium for the policy which is |
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| | attributable to risks relating to flooding does not exceed a specified amount (“the |
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| | (5) | The Secretary of State may by regulations make provision as to the level of the |
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| | eligibility threshold, and may make different provision for different purposes. |
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| | (6) | Regulations under subsection (5) may, in particular, make different provision for |
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| | different insurance policies by reference to the value of the household premises |
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| | to which a policy relates. |
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| | (7) | In this Part, the Flood Reinsurance Scheme is called “the FR Scheme”.’. |
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| To move the following Clause:— |
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| | ‘(1) | The FR Scheme is to be administered by a body designated by regulations made |
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| | by the Secretary of State. |
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| | (2) | The Secretary of State may under subsection (1) designate a company registered |
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| | under the Companies Act 2006 or a body of another kind. |
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| | (3) | In this Part, the body designated under subsection (1) is called “the FR Scheme |
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| To move the following Clause:— |
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| | ‘(1) | The Secretary of State may, with the consent of the Treasury, make regulations |
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| | requiring relevant insurers to pay to the FR Scheme administrator— |
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| | (a) | a levy, the amount and timing of which is to be determined in accordance |
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| | (b) | such further amounts, by way of levy or contribution, as may be |
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| | requested by the FR Scheme administrator from time to time in |
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| | accordance with the FR Scheme. |
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| | (2) | Regulations under subsection (1) may make provision as to— |
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| | (a) | the circumstances in which a request under subsection (1)(b) may be |
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| | (b) | the amounts that may be requested under subsection (1)(b). |
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| | (3) | The Secretary of State may by regulations make provision for amounts payable |
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| | under subsection (1) to be recoverable summarily (or in Scotland recoverable) as |
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| | (4) | The Secretary of State may by regulations make provision as to the application of |
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| | any amounts paid under subsection (1). |
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| | (5) | The Secretary of State may by regulations provide that, where such conditions as |
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| | are specified in the regulations as regards the reserves of the FR Scheme are |
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| | satisfied, the FR Scheme administrator must pay to the Secretary of State an |
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| | amount of the reserves to be determined in accordance with the regulations. |
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| | (6) | Regulations under subsection (5) may— |
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| | (b) | make provision about determining the amount of the reserves of the FR |
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| | (7) | Before making regulations under subsection (5), the Secretary of State must |
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| | consult the Prudential Regulation Authority.’. |
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| |
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| To move the following Clause:— |
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| | ‘(1) | The Secretary of State may by regulations make provision in connection with the |
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| | administration of the FR Scheme. |
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| | (2) | Regulations under subsection (1) may require the FR Scheme administrator to |
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| | have regard to the following in discharging its functions— |
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| | (a) | the need to ensure economy, efficiency and effectiveness in the discharge |
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| | (b) | the need to act in the public interest, |
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| | (c) | the need to ensure propriety and regularity in the operation of the FR |
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| | |
| | (d) | the need to manage, over the period of operation of the FR Scheme, the |
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| | transition to risk-reflective pricing of flood insurance for household |
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| | |
| | (3) | Regulations under subsection (1) may require the FR Scheme administrator to |
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| | produce and publish, in accordance with the regulations, a plan for achieving the |
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| | transition mentioned in subsection (2)(d). |
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| | (4) | Regulations under subsection (1) may— |
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| | (a) | limit, to any extent, the power of the FR Scheme administrator to borrow |
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| | money or otherwise incur debt; |
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| | (b) | make provision about the reserves of the FR Scheme, including |
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| | limitations on draw downs and transfers; |
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| | (c) | require the FR Scheme administrator to take steps to limit the overall net |
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| | losses that may be incurred by the FR Scheme in any year to an amount |
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| | specified in or determined in accordance with the regulations; |
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| | (d) | provide for the form and contents of the FR Scheme’s accounts; |
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| | (e) | provide for a copy of the audited FR Scheme’s accounts and a copy of the |
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| | auditor’s report on those accounts to be laid before Parliament; |
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| | (f) | provide for the Comptroller and Auditor General to examine— |
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| | (i) | the economy, efficiency and effectiveness with which the FR |
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| | Scheme administrator has used resources in discharging its |
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