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21 Oct 2003 : Column 486W—continued
Money Laundering Regulations
Mr. Chope: To ask the Chancellor of the Exchequer if he will publish a regulatory impact assessment in respect of the Money Laundering Regulations 2003. [133537]
Ruth Kelly: A full Regulatory Impact Assessment will be completed for the Money Laundering Regulations 2003. Copies will be deposited in the Library of the House and it will also be available on the Treasury website.
Non-departmental Public Bodies (Expenditure)
Mr. Redwood: To ask the Chancellor of the Exchequer what the expenditure on non-departmental public bodies was (a) in the last year for which figures are available and (b) in 1996–97. [133662]
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Mr. Boateng: Total spending by non-departmental public bodies for 1998–99 to 2002–03 is shown as follows. Data on a comparable basis is not readily available for earlier years. For each department, the total of their NDPB spending is contained within their Departmental Expenditure Limit (DEL), so that any increase in spending on their NDPBs is offset elsewhere within their total DEL.
| NDPB spending (£ million) | |
|---|---|
| Outturn | |
| 1998–99 | 12,238 |
| 1999–2000 | 13,846 |
| 2000–01 | 14,670 |
| 2001–02 | 20,151 |
| Estimated outturn | |
| 2002–03 | 24,843 |
Source:
Supplementary Budgetary Information to the Central Government Supply Estimates 2003–04 (Cm 5797).
Productivity Growth
Mr. Simmonds: To ask the Chancellor of the Exchequer if he will make a statement on average projected productivity growth for 2003–04. [132987]
Ruth Kelly: The Government's latest published forecasts for the UK economy were set out in this year's Financial Statement and Budget Report (HC500). A full update will be made in the forthcoming pre-Budget report.
Professional Indemnity Insurance
Dr. Cable: To ask the Chancellor of the Exchequer how many financial advisers he estimates are operating without professional indemnity insurance; and if he will make a statement. [132880]
Ruth Kelly: The Financial Services Authority (FSA) tell me that as at 30 September 2003 of the 4,047 firms that are required to hold professional indemnity insurance (PII) cover, 749 have yet to notify the FSA that they have obtained cover. At that same date, 82 firms have been granted a waiver from the requirement to hold PII and are, in effect, self-insuring. Under current market conditions, there can be a time lag of three months or more for a firm to obtain suitable cover and notify FSA of that fact.
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The FSA published a consultation paper in July 2003 with new proposals on its PII policy and revised rules for firms. The new PII policy will give firms a more flexible framework within which they can choose how to combine PII and financial resources. This will help firms remain in business and will continue to protect consumers who may have claims against firms.
Public Bodies
Mr. Grogan: To ask the Chancellor of the Exchequer what progress is being made in relocating (a) Civil Service Departments and (b) public bodies from London. [132957]
Mr. Boateng: The Chancellor and Deputy Prime Minister asked Sir Michael Lyons, Director of the Institute of Local Government Studies at the University of Birmingham, to conduct an independent study into the scope for relocating a substantial number of public sector activities from London and the South East of England to other parts of the United Kingdom.
Sir Michael has now received responses from Government Departments to his review and is currently assessing these before preparing his final report.
Registered Maternities
Mr. Hoban: To ask the Chancellor of the Exchequer how many registered maternities to women resident in (a) Fareham, (b) Gosport, (c) Portsmouth and (d) Havant local authority areas took place in (i) Blackbrook Maternity Unit, (ii) the Mary Rose Unit, St. Mary's Hospital Portsmouth, (iii) other Portsmouth Hospitals NHS Trust, (iv) other NHS hospitals, (v) at home and (vi) elsewhere in each of the last three years for which figures are available. [133578]
Ruth Kelly: The information requested falls within the responsibility of the National Statistician. I have asked him to reply.
Letter from Colin Mowl to Mr. Mark Hoban, dated 21 October 2003:
- The National Statistician has been asked to reply to your request for the number of registered maternities to women resident in (a) Fareham, (b) Gosport, (c) Portsmouth and (d) Havant local authority areas, which took place in (i) Blackbrook Maternity Unit, (ii) the Mary Rose Unit, St Mary's Hospital Portsmouth, (iii) other Portsmouth Hospitals NHS Trust, (iv) other NHS hospitals, (v) at home and (vi) elsewhere in the each of the last three years for which figures are available. I am replying in his absence. (133578)
- The attached table gives data for 2000, 2001 and 2002.
— Zero maternities
* Fewer than 5 maternities
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Regulatory Impact Assessments
Dr. Cable: To ask the Chancellor of the Exchequer how many regulatory impact assessments have been produced by his Department since August 2001; if he will list those (a) produced following initial consultation with affected parties about the most appropriate methodology for assessing costs and other impacts and (b) which set out full commercial impacts, including profitability, employment, consumer prices and competitiveness, as recommended in Good Policy Making; and if he will make a statement. [132883]
Dawn Primarolo: HM Treasury, HM Customs and Excise and the Inland Revenue have produced 50 final Regulatory Impact Assessments since August 2001. These are listed below and are available from the House Libraries and departmental web sites.
The Building Societies Act 1986 (Electronic Communications) Order 2003; The Credit Unions Act 1979 (Commencement No.3) Order 2003; The Regulatory Reform (Credit Unions) Order 2003; Implementation of the Insurers Reorganisation and Winding-up Directive; Extension of Financial Services Regulation to Mortgages; Statutory Instruments Needed under the Financial Services and Markets Act 2000; Undertakings for Collective Investment in Transferable Securities (UCITS) (Second Amending Directive); Regulating Insurance Mediation; Regulating Mortgages; Orders to be made in support of the transfer of Audit responsibility for the Special Health Service Health Authorities from the Audit Commission to the Comptroller and Auditor General; The Electronic Commerce Directive (Financial Service & Markets) Regulations 2002—July 2001; FSMA Regulated Activities (Amendment) (No 2) Order 2002—July 2001; Fourth Motor Insurance Directive Regulations 2002—October 2001; FSMA 2000 (Administration Orders relating to Insurers) Order 2002; Implementation of the Money Directive 2002; The Money Laundering Regulations 2001; The Protection of the Euro against Counterfeiting Regulations; The Insurance (Fees) regulation 2001; The Credit Unions (Increases in Limits on Deposits by persons too young to be members of
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Periods for Repayments of Loans) Order 2001; FSMA 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001; The Open Ended Investment Companies Regulations 2001.
Mandatory Electronic Payment for Large Employers, Payroll Services; National Insurance Contributions—Offshore Manning Taxation of UK Branches of Foreign Companies; Payments by Employers towards the incidental costs of Home working; Simplification of Employee Share Schemes; Stamp Duty in Disadvantaged Areas Extension of the Relief to all Non-Residential Property; Corporation Tax Relief and Employee Share Schemes ISAS—Simplified Voiding for Investor Error; Tax Law Rewrite Project—Income Tax (Earnings and Pensions) Bill; The New Tax Credits; National Insurance Contributions Bill; Fuel Scale Charge; Reform of the Taxation of Intangible Assets; Construction Industry Scheme; Research and Development Tax Credits for Large Companies/Vaccines Research Relief; Exemptions for Gains and Losses on Substantial Shareholdings; Reform of the Corporate Debt, Financial Instruments and Foreign Exchange; Gains and Losses Regimes; Community Amateur Sports Club; Appendix to Enterprise Management Incentive.
Construction Industry Scheme: Issue of CIS5 (Partner) Certificates; Life Insurance Policies Etc.—Information Duties of Insurers.
Simplified Import VAT Accounting 2003; VAT Strategy: Joint and Several Liability 2003; VAT Strategy: Input Tax deduction without a valid VAT invoice 2003; Extension of the VAT Annual Accounting Scheme and the Flat Rate Scheme, and relaxations to the VAT Default Surcharge Scheme 2003; Oils Fraud Strategy 2002; VAT Flat Rate Scheme and changes to the Annual Accounting Scheme 2002; New VAT registration forms 2001; Proposal for a Council Directive Amending the Sixth VAT Directive to simplify, modernise and harmonise the conditions laid down for VAT invoicing 2001.
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The costs associated to regulatory proposals are considered at the policy development stage. A Regulatory Impact Assessment is completed for regulatory proposals unless there are no or negligible costs.
An RIA considers the consequences of proposals, improving the quality of advice to Ministers and encouraging informed public debate. An RIA sets out the impact, in terms of costs, benefits and risks of the proposed regulation that could affect businesses, charities or the voluntary sector.
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