Dormant Assets Bill [HL] — Report — Amendment 1 — 16 Nov 2021 at 16:15

Moved by Lord Bassam of Brighton

1: Clause 29, page 22, line 13, at end insert-“(1A) An order under this section may enable the creation of funds (to be known as “community wealth funds”) that may make grants and other payments to support the provision of social infrastructure to further the wellbeing of communities suffering from high levels of deprivation and low levels of social infrastructure.(1B) The Secretary of State may-(a) by order create one or more community wealth funds for a temporary period of at least 10 years, and(b) at the end of that period review the efficacy of the community wealth funds with a view to creating community wealth funds on a permanent basis.(1C) In subsection (1A), “social infrastructure” means-(a) buildings or other assets owned or managed by organisations located in communities for the purposes of local residents’ meeting, socialising, accessing educational resources, or conducting other activities to improve their wellbeing, or(b) organisations, whether incorporated or unincorporated, existing for the purposes set out in paragraph (a), (c), (d), (e), (f), (g), (i) or (j) of section 3(1) of the Charities Act 2011.”Member’s explanatory statementThis amendment would enable orders under Clause 29 to create community wealth funds as a means of tackling deprivation and building social infrastructure in left-behind communities. It would mandate the Secretary of State to establish and review the effectiveness of one or more pilot schemes which would run over at least ten years.

Ayes 216, Noes 195.

Debate in Parliament |

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The Earl of LeicesterConno
Lord Leigh of HurleyConno
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Lord Lexden Con (front bench)no
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The Earl of LindsayCon (front bench)no
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Lord Loomba Crossbenchaye
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Lord Marland Conno
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Lord McCrea of Magherafelt and CookstownDUPaye
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Baroness McIntosh of HudnallLab (minister)aye
Baroness McIntosh of PickeringCon (front bench)no
Lord McLoughlin Con (front bench)no
Lord McNicol of West KilbrideLab (minister)aye
Baroness Meacher Crossbench (front bench)aye
Baroness Meyer Conno
Baroness Mobarik Conno
The Duke of MontroseCon (front bench)no
Lord Morgan Labaye
Baroness Morris of BoltonCon (front bench)no
Baroness Morrissey Conno
Baroness Morris of YardleyLab (minister)aye
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Lord Moylan Con (front bench)no
Lord Moynihan Con (front bench)no
Lord Naseby Con (front bench)no
Lord Nash Conno
Baroness Neville-Jones Con (front bench)no
Baroness Neville-Rolfe Con (front bench)no
Lord Newby LDem (front bench)aye
The Bishop of NewcastleBishopaye
Baroness Nicholson of WinterbourneConno
Baroness Noakes Con (front bench)no
Baroness Northover LDem (front bench)aye
Lord Norton of LouthConno
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Lord Oates LDem (front bench)aye
Lord Offord of GarvelCon (front bench)no
Baroness Osamor Lab (minister)aye
Lord Paddick LDem (front bench)aye
Lord Palmer of Childs HillLDem (front bench)aye
Lord Parkinson of Whitley BayCon (front bench)no
Baroness Parminter LDem (front bench)aye
Lord Patel of BradfordNon-affiliatedaye
Lord Patten Conno
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Baroness Pidding Con (front bench)no
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Lord Polak Con (front bench)no
Lord Ponsonby of ShulbredeLab (minister)aye
Lord Porter of SpaldingConno
Lord Price Con (front bench)no
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Baroness Prosser Labaye
Lord Purvis of TweedLDem (front bench)aye
Baroness Ramsay of CartvaleLabaye
Lord Randall of UxbridgeConno
Baroness Randerson LDem (front bench)aye
Baroness Rawlings Con (front bench)no
Lord Razzall LDem (front bench)aye
Lord Reay Con (front bench)no
Baroness Rebuck Lab (minister)aye
Lord Redesdale LDemaye
Baroness Redfern Con (front bench)no
Lord Reid of CardowanLab (minister)aye
Lord Rennard LDemaye
Viscount Ridley Conno
Lord Risby Conno
Baroness Ritchie of DownpatrickNon-affiliated (front bench)aye
Lord Robathan Con (front bench)no
Lord Robertson of Port EllenLab (minister)aye
Baroness Rock Con (front bench)no
Lord Rogan UUP (front bench)no
Lord Rooker Lab (minister)aye
Lord Rosser Lab (minister)aye
Lord Rowe-Beddoe Crossbench (front bench)aye
Baroness Royall of BlaisdonLabaye
Lord Russell of LiverpoolCrossbench (front bench)aye
Baroness Sanderson of WeltonCon (front bench)no
Lord Sandhurst Conno
Lord Sarfraz Con (front bench)no
Lord Sassoon Conno
Baroness Sater Con (front bench)no
Lord Sawyer Labaye
Baroness Scott of BybrookCon (front bench)no
Baroness Scott of Needham MarketLDem (front bench)aye
Baroness Seccombe Con (front bench)no
Lord Selkirk of DouglasConno
Lord Sharkey LDem (front bench)aye
Lord Sharpe of EpsomCon (front bench)no
Baroness Sheehan LDem (front bench)aye
Lord Sheikh Conno
Baroness Shephard of NorthwoldConno
Lord Sherbourne of DidsburyCon (front bench)no
Baroness Sherlock Lab (minister)aye
Lord Shinkwin Conno
Lord Shipley LDem (front bench)aye
The Earl of ShrewsburyConno
Lord Sikka Labaye
Baroness Smith of BasildonLab (minister)aye
Lord Smith of HindheadCon (front bench)no
Baroness Smith of NewnhamLDem (front bench)aye
Lord Snape Lab (minister)aye
The Duke of SomersetCrossbenchaye
Lord Spencer of AlresfordConno
Viscount Stansgate Labaye
Baroness Stedman-Scott Con (front bench)no
Lord Stephen LDemaye
Lord Stern of BrentfordCrossbench (front bench)aye
Lord Stevenson of BalmacaraLab (minister)aye
Lord Stewart of DirletonCon (front bench)no
Lord Stirrup Crossbench (front bench)no
Lord Stoneham of DroxfordLDem (front bench)aye
Lord Storey LDem (front bench)aye
Baroness Stowell of BeestonNon-affiliated (front bench)no
Lord Strasburger LDem (front bench)aye
Lord Strathclyde Conno
Baroness Stuart of EdgbastonNon-affiliatedaye
Lord Stunell LDem (front bench)aye
Baroness Sugg Con (front bench)no
Lord Suri Conno
Baroness Suttie LDem (front bench)aye
Lord Swinfen Con (front bench)no
Lord Taverne LDemaye
Lord Taylor of HolbeachConno
Lord Teverson LDem (front bench)aye
Lord Thomas of GresfordLDem (front bench)aye
Baroness Thomas of WinchesterLDem (front bench)aye
Baroness Thornhill LDem (front bench)aye
Baroness Thornton Lab (minister)aye
Viscount Thurso LDem (front bench)aye
Lord Tomlinson Labaye
Lord Tope LDem (front bench)aye
Lord Touhig Lab (minister)aye
Viscount Trenchard Con (front bench)no
Lord Triesman Lab (minister)aye
Lord True Con (front bench)no
Lord Truscott Non-affiliatedaye
Lord Tugendhat Con (front bench)no
Lord Tunnicliffe Lab (minister)aye
Lord Turnberg Labaye
Baroness Tyler of EnfieldLDem (front bench)aye
Lord Tyrie Non-affiliated (front bench)no
Baroness Uddin Non-affiliatedaye
Lord Vaizey of DidcotCon (front bench)no
Lord Vaux of HarrowdenCrossbench (front bench)no
Baroness Vere of NorbitonCon (front bench)no
Lord Wallace of SaltaireLDem (front bench)aye
Baroness Walmsley LDem (front bench)aye
Lord Watson of InvergowrieLab (minister)aye
Lord Watts Lab (minister)aye
Lord Wei Conno
Lord Wharton of YarmConno
Baroness Wheeler Lab (minister)aye
Baroness Whitaker Lab (minister)aye
Lord Whitby Conno
Lord Whitty Lab (minister)aye
Baroness Wilcox of NewportLab (minister)aye
Lord Willetts Con (front bench)no
Baroness Williams of TraffordCon (front bench)no
Lord Willis of KnaresboroughLDem (front bench)aye
Lord Wolfson of TredegarCon (front bench)no
Lord Wood of AnfieldLab (minister)aye
Lord Young of CookhamCon (front bench)no
Viscount Younger of LeckieCon (front bench)no
Lord Young of Norwood GreenLab (minister)aye
Baroness Young of Old SconeLab (minister)aye

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