Water Industry (Financial Assistance) Bill — Clause 2 — Risk Managment Framework — Providing Financial Assistance for Water Infrastructure — 14 Mar 2012 at 16:15

The majority of MPs vote against requiring the use of a specified risk management framework when providing financial assistance for the construction of water infrastructure.

MPs were considering the Water Industry (Financial Assistance) Bill[1]. The amendment rejected in this vote was:

  • Amendment 4, page 3, line 3, at end insert—
  • ‘(5A) Financial assistance may only be given under subsection (1) if the financing of the infrastructure is being secured by a group company which has adopted the equator principles.’.

Had the amendment not been rejected the additional subclause would have been added to clause 2 of the Bill[2] which was titled Financial assistance for major works and would have added a condition to when the Secretary of State may give financial assistance for the construction of water or sewerage infrastructure.

The Equator Principles form a risk management framework, adopted by financial institutions, for determining, assessing and managing environmental and social risk in projects and are primarily intended to provide a minimum standard for due diligence to support responsible risk decision-making. The Principles also include transparency and stakeholder engagement requirements.


Debate in Parliament | Source |

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Party Summary

Votes by party, red entries are votes against the majority for that party.

What is Tell? '+1 tell' means that in addition one member of that party was a teller for that division lobby.

What are Boths? An MP can vote both aye and no in the same division. The boths page explains this.

What is Turnout? This is measured against the total membership of the party at the time of the vote.

PartyMajority (No)Minority (Aye)BothTurnout
Alliance0 10100.0%
Con257 (+1 tell) 0084.3%
DUP0 6075.0%
Green0 10100.0%
Lab0 212 (+2 tell)083.3%
LDem43 (+1 tell) 0077.2%
PC0 1033.3%
SDLP0 1033.3%
Total:300 222082.7%

Rebel Voters - sorted by party

MPs for which their vote in this division differed from the majority vote of their party. You can see all votes in this division, or every eligible MP who could have voted in this division

Sort by: Name | Constituency | Party | Vote

no rebellions

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