S.C.E.
Amendment Paper as at
Thursday 5th July 2005
STANDING COMMITTEE E
REGULATION OF FINANCIAL SERVICE (LAND TRANSACTIONS) BILL
RESOLUTION OF THE PROGRAMMING SUB-COMMITTEE
The Programming Sub-Committee appointed by the Speaker in respect of the Bill agreed the following Resolution at its meeting on Monday 4th July (Standing Order No. 83C):
That—
(1) during proceedings on the Regulation of Financial Services (Land Transactions) Bill, in addition to its first meeting at 10.30 a.m. on Tuesday 5th July, the Standing Committee shall meet—
| (a) | at 4.30 p.m. on Tuesday 5th July, and |
| (b) | at 9.00 a.m. and 2.00 p.m. on Thursday 7th July; |
(2) the proceedings, so far as not previously concluded, shall be brought to a conclusion at 5.00 p.m. on Thursday 7th July;
(3) the Standing Committee recommends that the Programme Order of 23rd June 2005 relating to the Regulation of Financial Services (Land Transactions) Bill be varied as follows—
| (a) | paragraphs 4 and 5 shall be omitted; and |
| (b) | proceedings on consideration and Third Reading shall (so far as not previously concluded) be brought to a conclusion three hours after commencement of proceedings on consideration. |
Mr Ivan Lewis has given notice of his intention to move a motion in the terms of the Resolution of the Programming Sub-Committee [Standing Order No. 83C(9)].
Mr Mark Field
Mr Philip Hammond
Mr Mark Francois
Gregory Barker
2
Clause 1, page 2, line 6, at end add—
'(4) The provisions of this paragraph apply only where the property (or the relevant part of it subject to a finance arrangement under this Act) is valued at no less than £50,000.'.
Mr Mark Field
Mr Philip Hammond
Mr Mark Francois
Gregory Barker
3
Clause 1, page 2, line 6, at end add—
'(2) In Part 2 of Schedule 2 to that Act, after paragraph 26 there is inserted—
| | 26A | On the second anniversary of the coming into force of paragraph 23A and annually thereafter the Chancellor of the Exchequer shall lay before Parliament a regulatory impact assessment of the operation of the provisions of that paragraph.".'. |
ORDER OF THE HOUSE [23rd JUNE 2005]
That the following provisions shall apply to the Regulation of Financial Services (Land Transactions) Bill:
Committal
1. The Bill shall be committed to a Standing Committee.
Proceedings in Standing Committee
2. Proceedings in Standing Committee shall (so far as not previously concluded) be brought to a conclusion on Thursday 7th July 2005.
3. The Standing Committee shall have leave to sit twice on the first day on which it meets.
Consideration and Third Reading
4. Proceedings on consideration shall (so far as not previously concluded) be brought to a conclusion one hour before the moment of interruption on the day on which those proceedings are commenced.
5. Proceedings on Third Reading shall (so far as not previously concluded) be brought to a conclusion at the moment of interruption on that day.
6. Standing Order No. 83B (Programming committees) shall not apply to proceedings on consideration and Third Reading.
Other Proceedings
7. Any other proceedings on the Bill (including any proceedings on consideration of Lords Amendments or on any further messages from the Lords) may be programmed.
