Economic Crime: Planned Government Bill Debate
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Lord Fox
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Economic Crime: Planned Government Bill
Lord Fox Excerpts(2 years, 10 months ago)
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Lord Fox (LD)
My Lords, when this Question was put in the Commons last week, the Conservative MP John Penrose said:
“The well of excuses after three or four years of promising this piece of legislation or its related pieces has now run dry. This legislation is essential for the credibility of this country and this Government”.—[Official Report, Commons, 26/1/22; col. 1008.]
I agree. Does the Minister agree with his colleague in the Commons and, if so, when will this legislation be brought forward?
Lord Callanan (Con)
My Lords, as the noble Lord is aware, I cannot give him a timescale for this. As the Prime Minister said last week, we remain committed to this legislation. We have already carried out pre-legislative scrutiny on it and we will legislate when parliamentary time allows.