Inheritance and Trustees’ Powers Bill [HL]

Monday 10th February 2014 Lords Chamber

Third Reading

15:08

[Lord Wallace of Saltaire (LD)]

My Lords, I have it in command from Her Majesty the Queen and his Royal Highness the Prince of Wales to acquaint the House that they, having been informed of the purport of the Inheritance and Trustees’ Powers Bill [HL], have consented to place their interests, so far as they are affected by the Bill, at the disposal of Parliament for the purposes of the Bill.

Motion

Moved by

[Lord Faulks]

That the Bill do now pass.

[The Minister of State, Ministry of Justice (Lord Faulks) (Con)]

My Lords, I briefly take the opportunity to thank the Law Commission for making possible the reforms contained in the Bill. I also express the Government’s gratitude to the noble Lords who served my predecessor, my noble friend Lord McNally, on the Special Public Bill Committee, under the chairmanship of the noble and learned Lord, Lord Lloyd of Berwick. I am sure that I speak for all members of the Committee in thanking the several witnesses who provided evidence on the Bill, including Professor Elizabeth Cooke, who many times throughout the course of the Bill provided invaluable expertise on the areas of law that it covers.

[Lord Beecham (Lab)]

My Lords, I join the Minister in expressing thanks, particularly to Professor Cooke and her colleagues on the Law Commission and all those experts in the law who were so helpful to the Committee. It was almost a pleasure to revisit issues like hotchpot, remainder and the like, with which the noble Lord and I were last acquainted many years ago—more years ago in my case than in his. Their involvement proved the value of that procedure. That being the case, given what was said earlier about leasehold enfranchisement and commonhold, I would commend the use of the Law Commission in that connection, and I hope that the commission might prove as successful in reviewing that issue as it has on this. We are indebted to all those who participated, including the noble Lord, Lord McNally, who struggled along with the rest of us through the earlier stages of the Bill, and to the present Minister, who took over with considerable aplomb.

[Lord Faulks]

I acknowledge what the noble Lord, Lord Beecham, has said. Indeed, his own contributions to the debates are notable. I also thank the Bill team, whom I now see in their place, for providing such valuable assistance.

Bill passed and sent to the Commons.