Legal Services Bill [HL] — 17 Oct 2007 at 17:24
Page 27, line 1, leave out subsection (3) and insert-
"( ) In preparing a statement of policy, the Board must have regard to the principle that its principal role is the oversight of approved regulators.
( ) The statement of policy prepared under subsection (1) must-
(a) take account of the desirability of resolving informally matters which arise between the Board and an approved regulator, and(b) specify how, in exercising the functions mentioned in that subsection, the Board will comply with the requirements of section 3(3) (regulatory activities to be proportionate, consistent and targeted only at cases in which action is needed, etc)."
rose to move, as an amendment to the Motion that this House do agree with the Commons in their Amendment No. 15, at end insert "but do propose Amendment No. 15A as an amendment to Commons Amendment No. 15".
On Question, Whether the said amendment (No. 15A) shall be agreed to?
Their Lordships divided: Contents, 180; Not-Contents, 138.
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