Legislative and Regulatory Reform Bill — 26 Oct 2006 at 15:52
Consideration of amendments on Report resumed on Clause 3.
<[i>Amendment No. 17 not moved.]
moved Amendment No. 18:
Before Clause 4, insert the following new clause-
"INDEPENDENCE OF THE ECONOMIC REGULATORS
(1) An order under this Part may not restrict the jurisdiction or undermine the independence of any economic regulator.
(2) For the purposes of this section-
(a) restricting the jurisdiction of any economic regulator includes diminishing, removing or transferring to another person any function conferred on or exercisable by an economic regulator; (b) undermining the independence of any economic regulator includes imposing on an economic regulator an obligation to comply with the wishes of- (i) a Minister of the Crown; (ii) a person who owes such an obligation to a Minister of the Crown; or (iii) a person who is controlled by a Minister of the Crown.
(3) An order under this section may not render a person who is a director or member of an economic regulator removable from office on grounds other than those which were in force on the date on which this Act was passed.
(4) In this section, "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; (g) the Civil Aviation Authority."
On Question, Whether the said amendment (No. 18) shall be agreed to?
Their Lordships divided: Contents, 96; Not-Contents, 110.
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