Critical Benchmarks (References and Administrators’ Liability) Act 2021


make provision about the meaning of references to Article 23A benchmarks in contracts and other arrangements; and to make provision about the liability of administrators of Article 23A benchmarks

Government Bill

(HM Treasury)
What is this Bill?

The Critical Benchmarks (References and Administrators’ Liability) Act 2021 was a Government Bill that became an Act of Parliament.

Is this Bill currently before Parliament?

No. This Bill was introduced on 8 September 2021 and became an Act of Parliament on 15 December 2021.

Whose idea is this Bill?

Government Bills implement the legislative agenda of the Government. This agenda, and the Bills that will implement it, are outlined in the Queen's Speech at the Session's State Opening of Parliament.

How can I find out exactly what this Bill does?

The most straightforward information is contained in the initial Explanatory Notes for the Bill.

Would you like to know more?

See these Glossary articles for more information: Act of Parliament, Government Bills, Process of a Bill

Bill Progession through Parliament

Lords Completed
Commons Completed
Royal Assent

Timeline of Bill Documents and Stages

15/12/2021
Royal Assent (Commons)
15/12/2021
Act of Parliament
Critical Benchmarks (References and Administrators’ Liability) Act 2021 (c. 33)
19/11/2021
Bill proceedings: Commons
Committee of the whole House Proceedings as at 18 November 2021
18/11/2021
3rd reading (Commons)
18/11/2021
Committee stage (Commons)
18/11/2021
2nd reading (Commons)
18/11/2021
Commons Hansard Daily Report
2nd reading - Commons Hansard link
17/11/2021
Explanatory Notes
Bill 185 EN 2021-22 - updated 17 November
17/11/2021
Selection of amendments: Commons
Chairman of Ways and Means’s provisional grouping - 18 November 2021
16/11/2021
Briefing papers
Briefing Paper on the Bill
03/11/2021
1st reading (Commons)
03/11/2021
Bill
Bill 185 2021-22 (as brought from the House of Lords)
03/11/2021
Bill
Bill 185 2021-22 (as brought from the House of Lords) - large print
03/11/2021
Explanatory Notes
Bill 185 EN 2021-22 - large print
02/11/2021
3rd reading (Lords)
27/10/2021
Order of Commitment discharged
20/10/2021
Will write letters
Letter from Lord Agnew to Lord Sharkey, Lord Eatwell and Baroness Noakes regarding questions raised during the Second Reading of the Bill.
18/10/2021
Select Committee report
7th Report of the Delegated Powers Committee
13/10/2021
2nd reading (Lords)
14/09/2021
Delegated Powers Memorandum
Critical Benchmarks (References and Administrators’ Liability) Bill: Delegated Powers Memorandum
08/09/2021
1st reading (Lords)
08/09/2021
Bill
HL Bill 49 (as introduced)
08/09/2021
Human rights memorandum
Critical Benchmarks (References and Administrators' Liability) Bill: ECHR Memorandum from HM Treasury
08/09/2021
Impact Assessments
Critical Benchmarks (References and Administrators' Liability) Bill: Summary of Impacts
08/09/2021
Explanatory Notes
HL Bill 49 Explanatory Notes
08/09/2021
Minutes of Proceedings
Minutes of Proceedings
08/09/2021
Lords Hansard
Lords Hansard