Amendments proposed to the Financial Services and Markets Bill, As Amended - continued House of Commons

back to previous text

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

19

Page     196,     line     24     [Schedule     1],     at end insert—

    '(aa) a chief executive; and'

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

20

Page     196,     line     41     [Schedule     1],     leave out 'Authority' and insert 'Treasury'.


   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

54

Page     197,     line     8     [Schedule     1],     at end insert—

    '(aa) reviewing and approving the Authority's annual budget of income and expenditure,'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

21

Page     197,     line     10     [Schedule     1],     leave out 'and'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

22

Page     197,     line     13     [Schedule     1],     at end insert '; and

      (d) providing an independent perspective on the overall running of the Authority, scrutinising and monitoring the approach of its executive management, the Authority's performance and its standards of conduct'.

   

Mr Chancellor of the Exchequer

480

*Page     197,     line     47     [Schedule     1],     at end insert—

    '( ) The complaints scheme must be designed so that, as far as reasonably practicable, complaints are investigated quickly.'.


   

Mr Chancellor of the Exchequer

345

Page     198,     line     8     [Schedule     1],     leave out 'or varying'.

   

Mr Chancellor of the Exchequer

346

Page     198,     line     9     [Schedule     1],     leave out 'details of its proposals' and insert 'a draft of the proposed scheme in the way appearing to the Authority to be best calculated to bring it to the attention of the public'.

   

Mr Chancellor of the Exchequer

347

Page     198,     line     10     [Schedule     1],     leave out 'published proposals' and insert 'draft'.

   

Mr Chancellor of the Exchequer

348

Page     198,     line     10     [Schedule     1],     leave out 'a statement' and insert 'notice'.

   

Mr Chancellor of the Exchequer

349

Page     198,     line     11     [Schedule     1],     leave out from 'Authority' to end of line 12 and insert 'within a specified time'.

   

Mr Chancellor of the Exchequer

350

Page     198,     line     13     [Schedule     1],     leave out 'carrying out its proposals' and insert 'making the proposed complaints scheme'.

   

Mr Chancellor of the Exchequer

351

Page     198,     line     14     [Schedule     1],     at end insert—

    '(6A) If the Authority makes the proposed complaints scheme, it must publish an account, in general terms, of—

      (a) the representations made to it in accordance with sub-paragraph (5); and

      (b) its response to them.

    (6B) If the complaints scheme differs from the draft published under sub-paragraph (4) in a way which is, in the opinion of the Authority, significant the Authority must (in addition to complying with sub-paragraph (6A)) publish details of the difference.'.

   

Mr Chancellor of the Exchequer

352

Page     198,     line     17     [Schedule     1],     leave out 'arrangements' and insert 'provision'.

   

Mr Chancellor of the Exchequer

353

Page     198,     line     19     [Schedule     1],     at beginning insert 'Those'.

   

Mr Chancellor of the Exchequer

354

Page     198,     line     19     [Schedule     1],     leave out 'most suitable for bringing' and insert 'best calculated to bring'.

   

Mr Chancellor of the Exchequer

355

Page     198,     line     20     [Schedule     1],     at end insert—

    '(9) The Authority must, without delay, give the Treasury a copy of any details published by it under this paragraph.

    (10) The Authority may charge a reasonable fee for providing a person with a copy of—

      (a) a draft published under sub-paragraph (4);

      (b) details published under sub-paragraph (7).

    (11) Sub-paragraphs (4) to (6B) and (10)(a) also apply to a proposal to alter or replace the complaints scheme.'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

186

Page     198,     line     27     [Schedule     1], leave out 'reference' and insert 'submission'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

187

Page     198,     line     27     [Schedule     1], leave out 'which the Authority is investigating'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

23

Page     198,     line     33     [Schedule     1],     leave out 'and'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

32

Page     198,     line     36     [Schedule     1], at end insert '; and

          (iv) to recommend to the Authority the award of such sum as appears to him to be fair and reasonable in all the circumstances of the case in relation to any maladministration by the Authority.'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

188

Page     198,     line     36     [Schedule     1], at end insert—

    '(iv) to make an award against the Authority of such amounts as he considers fair compensation for loss or damage resulting from the subject matter of the complaint'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

189

Page     198,     line     37     [Schedule     1],     leave out 'Authority' and insert 'investigator'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

190

Page     198,     line     37     [Schedule     1],     leave out 'it must notify the investigator' and insert 'must notify the complainant'.

   

Mr William Hague
Mr Francis Maude [R]
Mr David Heathcoat-Amory
Mr Howard Flight [R]
Sir Nicholas Lyell
Mr Tim Loughton [R]

191

Page     198,     line     39     [Schedule     1],     leave out sub-paragraph (4).

   

Mr Chancellor of the Exchequer

437

Page     198,     line     41     [Schedule     1],     leave out 'sub-paragraph (2)' and insert 'the complaints scheme'.

   

Mr Chancellor of the Exchequer

438

Page     198,     line     42     [Schedule     1],     leave out 'arrangements' and insert 'complaints scheme'.

   

Mr Chancellor of the Exchequer

439

Page     198,     line     48     [Schedule     1],     leave out from beginning to second 'the'.

   

Mr Chancellor of the Exchequer

440

Page     198,     line     49     [Schedule     1],     leave out 'it' and insert 'the Authority'.


   

Mr Chancellor of the Exchequer

441

Page     199,     line     33     [Schedule     1],     leave out 'for an injunction' and insert 'under sub-paragraph (5)'.


   

Mr Chancellor of the Exchequer

356

Page     200,     line     38     [Schedule     1],     at end insert—

    '( ) Up to date details of the scheme must be set out in a document ("the scheme details").

    ( ) The scheme details must be published by the Authority in the way appearing to it to be best calculated to bring them to the attention of the public.'.

   

Mr Chancellor of the Exchequer

357

Page     200,     line     39     [Schedule     1],     leave out 'or varying'.

   

Mr Chancellor of the Exchequer

358

Page     200,     line     39     [Schedule     1],     leave out 'details of its proposals' and insert 'a draft of the proposed scheme in the way appearing to the Authority to be best calculated to bring it to the attention of the public'.

   

Mr Chancellor of the Exchequer

359

Page     200,     line     41     [Schedule     1],     leave out 'published proposals must be accompanied by a statement' and insert 'draft must be accompanied by notice'.

   

Mr Chancellor of the Exchequer

360

Page     200,     line     42     [Schedule     1],     leave out 'them' and insert 'the proposals'.

   

Mr Chancellor of the Exchequer

361

Page     200,     line     42     [Schedule     1],     leave out from 'Authority' to end of line 43 and insert 'within a specified time'.

 
previous section contents continue
 

©Parliamentary copyright 2000
Prepared 24 Jan 2000