Trusts (Capital and Income) Bill [Lords]
(Limited Text - Ministerial Extracts only)
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The Parliamentary Under-Secretary of State for Justice (Mrs Helen Grant)
I beg to move, That the Bill be now read the Third time.
This is a short technical Bill that implements, with minor modifications, the recommendations of the Law Commission. The Government are grateful to the Law Commission, the Charity Commission and the leading experts and stakeholders who have worked with them and the Ministry of Justice to prepare the reforms. The provisions of the Bill are to be brought into force on a date or dates to be specified by order made by the Secretary of State and I will make a statement on the timing of commencement following Royal Assent.
The Bill will simplify and modernise the law and I commend it to the House.