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

Official Bill Page Initial Explanatory Notes Initial Briefing papers Ministerial Extracts from Debates

This bill has received Royal Assent and has become an Act of Parliament

Bill Progession through Parliament

Commons Completed
Lords Completed
Royal Assent

Timeline of Bill Documents and Stages

15th December 2021
Royal Assent: Minutes of Proceedings (Lords)
15th December 2021
Royal Assent (Commons)
15th December 2021
Act of Parliament
Critical Benchmarks (References and Administrators’ Liability) Act 2021 (c. 33)
19th November 2021
Bill proceedings: Commons
Committee of the whole House Proceedings as at 18 November 2021
18th November 2021
3rd reading (Commons)
18th November 2021
Committee stageCommittee of the Whole House (Commons)
18th November 2021
2nd reading (Commons)
18th November 2021
Commons Hansard Daily Report
2nd reading - Commons Hansard link
17th November 2021
Selection of amendments: Commons
Chairman of Ways and Means’s provisional grouping - 18 November 2021
17th November 2021
Explanatory Notes
Bill 185 EN 2021-22 - updated 17 November
16th November 2021
Briefing papers
Briefing Paper on the Bill
3rd November 2021
1st reading (Commons)
3rd November 2021
Bill
Bill 185 2021-22 (as brought from the House of Lords)
2nd November 2021
3rd reading: Minutes of Proceedings (Lords)
2nd November 2021
3rd reading (Lords)
27th October 2021
Order of Commitment discharged: Minutes of Proceedings (Lords)
27th October 2021
Order of Commitment discharged
20th October 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.
18th October 2021
Select Committee report
7th Report of the Delegated Powers Committee
13th October 2021
2nd reading: Minutes of Proceedings (Lords)
13th October 2021
2nd reading (Lords)
14th September 2021
Delegated Powers Memorandum
Critical Benchmarks (References and Administrators’ Liability) Bill: Delegated Powers Memorandum
8th September 2021
1st reading: Minutes of Proceedings (Lords)
8th September 2021
1st reading (Lords)
8th September 2021
Bill
HL Bill 49 (as introduced)
8th September 2021
Human rights memorandum
Critical Benchmarks (References and Administrators' Liability) Bill: ECHR Memorandum from HM Treasury
8th September 2021
Impact Assessments
Critical Benchmarks (References and Administrators' Liability) Bill: Summary of Impacts
8th September 2021
Explanatory Notes
HL Bill 49 Explanatory Notes
8th September 2021
Lords Hansard
Lords Hansard
8th September 2021
Minutes of Proceedings
Minutes of Proceedings