Capital Requirements (Amendment) (EU Exit) Regulations 2018 Debate
Full Debate: Read Full DebateDepartment: Department for International Development
Baroness McIntosh of Pickering
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Capital Requirements (Amendment) (EU Exit) Regulations 2018
Baroness McIntosh of Pickering Excerpts(5 years, 11 months ago)
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Baroness McIntosh of Pickering (Con)
My Lords, there is a statutory instrument available in the Printed Paper Office this week entitled the Companies, Limited Liability Partnerships and Partnerships (Amendment etc.) (EU Exit) Regulations. Has this already been considered? If not, what is the proposed timetable for considering this instrument?
Lord Bates
There is an agreed procedure in Section 8(8) of the EU withdrawal Act, which sets out exactly what can be done. We are following exactly that course of action, with proper scrutiny and a huge amount of work being done by your Lordships’ House and our terrific civil servants in preparing for this eventuality, and doing so professionally, openly and transparently. That is why we commend the regulations to the House.