House of Lords portcullis
House of Lords

Publications on the internet
Other Public Bills before Parliament
Bill Home Page

Legislative and Regulatory Reform Bill


AMENDMENT
TO BE MOVED
IN COMMITTEE
[Supplementary to the Third Marshalled List]


 

Before Clause 4

 

THE LORD NORTON OF LOUTH
THE LORD BERKELEY

47B*Insert the following new Clause—
  "Independence of economic regulators
(1)  An order under this Part may not diminish, remove or transfer to another person any function conferred on or exercisable by a principal economic regulator.
(2)  An order under this Part may not impose on a principal economic regulator an obligation to comply with the wishes of—
(a)  a Minister of the Crown;
(b)  a person who owes such an obligation to a Minister of the Crown; or
(c)  a person who is controlled by a Minister of the Crown.
(3)  An order under this Part may not render a person who is a director or member of a principal economic regulator removeable from office on grounds other than those in force on the date on which this Act was passed.
(4)  In this section, "principal economic regulator" means any of—
(a)  the Gas and Electricity Markets Authority;
(b)  the Office of Communications;
(c)  the Office of Rail Regulation;
(d)  the Postal Services Commission;
(e)  the Water Services Regulation Authority;
(f)  the Office of Fair Trading."

 
 
House of Commons home page Houses of Parliament home page House of Lords home page search page enquiries index

©Parliamentary copyright 2006
19 July 2006