(2Â weeks ago)
Commons ChamberMy hon. Friend is reasonable and a very good colleague in the way she carries out her duties in this House, so it will come as no surprise to hear that I absolutely agree with her. I do say that about some Government Members, so I am not being partisan—[Interruption.] Most of the time. However, my hon. Friend makes a good point.
That is why the Minister should see new clause 1 in the spirit in which it is intended. We do not want to disrupt the passage of the Bill. We do not want to disrupt the good intentions and the outcomes that everybody, on both sides of the House, wants. As a Conservative, I naturally think that the state should not be big or oversized. When we set up organisations such as this, it is natural that the House and Members will want scrutiny functions to make sure that the organisation acts within the spirit of the law and within its jurisdiction and responsibilities. I think that is perfectly reasonable.
For me, when we think about creating the regulator, it is about ensuring that it is effective. It needs to be staffed and funded appropriately, and we need to ensure that it does the job that the House expects it to do. The idea of having a system to report back is important when we make these provisions. When my hon. Friend was shadow Minister, did he give any thought to how many businesses come within scope, and whether there are resources in the regulator to even provide those assessments, so that we can make sure that it is held accountable and that this is effective legislation?