Thank you for your recent invitation to the Delegated Powers and Regulatory Reform Committee (DPRRC) to submit a memorandum on the draft Registration of Overseas Entities Bill.
Unusually, and it is a testament to the Department for Business, Energy and Industrial Strategy, the DPRRC has nothing which it wishes to draw to the attention of the Joint Committee. In the view of the DPRRC, the delegated powers are proportionate and the mix of the affirmative and negative procedures (seven of each) strikes a good balance. Furthermore, the delegated powers memorandum offers a good justification for the powers sought and the level of parliamentary scrutiny applied to them. We found particularly helpful the use of statutory precedents to support the justification for the various powers.
11 April 2019