Amendment 238

Planning and Infrastructure Bill - Report (5th Day) – in the House of Lords am 9:03 pm ar 3 Tachwedd 2025.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Pleidleisiau yn y ddadl hon

Lord Fuller:

Moved by Lord Fuller

238: Clause 96, page 130, line 15, at end insert—“(c) the funding and financing of development proposals, which may extend to the issuance of bonds, debt or similar financial instruments.”Member’s explanatory statementThis Amendment seeks to empower development corporations to seek finance from the widest number of sources whether from PWLB, private money, sovereign wealth, pension funds or value in-kind as part of a joint-venture together with the ability to issue bonds, individually or severally with other development corporations.

Photo of Lord Fuller Lord Fuller Ceidwadwyr

My Lords, the development corporation parts of the Bill are the best parts of it, and my intention is to make the best of that and to support it. I came here with an open mind, not really knowing whether I was going to press the Amendment but in her winding, the Minister said two things which I am uncomfortable with, so in due course I wish to test the opinion of the House. The first was that there is an apartheid in this country in so far as development corporations are concerned.

Photo of Lord Wilson of Sedgefield Lord Wilson of Sedgefield Lord in Waiting (HM Household) (Whip)

The noble Lord made his speech earlier. We do not need to rehearse what has been said during the debate—I spoke on this issue at the beginning of this particular debate. Perhaps he can let us know whether he will move this to a vote.

Photo of Lord Fuller Lord Fuller Ceidwadwyr

My Lords, I am getting there; I just wanted to give the two reasons. The first was—

Noble Lords:

Oh!

Photo of Lord Fuller Lord Fuller Ceidwadwyr

Your Lordships are only delaying it.

First, the development corporations outside London should have the same financing as those within and, secondly, the Minister mistakenly interpreted my Amendment to mean that it required development corporations only to take private finance, whereas it was to give it the option. As I am dissatisfied with the Minister’s response, I wish to put the matter to a vote.

Ayes 72, Noes 147.

Rhif adran 4 Planning and Infrastructure Bill - Report (5th Day) — Amendment 238

Ie: 70 Members of the House of Lords

Na: 145 Members of the House of Lords

Ie: A-Z fesul cyfenw

Rhifwyr

Na: A-Z fesul cyfenw

Rhifwyr

Amendment 238 disagreed.

Clause 100: Required content of newspaper notices

Amendment

As a bill passes through Parliament, MPs and peers may suggest amendments - or changes - which they believe will improve the quality of the legislation.

Many hundreds of amendments are proposed by members to major bills as they pass through committee stage, report stage and third reading in both Houses of Parliament.

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amendment

As a bill passes through Parliament, MPs and peers may suggest amendments - or changes - which they believe will improve the quality of the legislation.

Many hundreds of amendments are proposed by members to major bills as they pass through committee stage, report stage and third reading in both Houses of Parliament.

In the end only a handful of amendments will be incorporated into any bill.

The Speaker - or the chairman in the case of standing committees - has the power to select which amendments should be debated.

Clause

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During the committee stage of a bill, MPs examine these clauses in detail and may introduce new clauses of their own or table amendments to the existing clauses.

When a bill becomes an Act of Parliament, clauses become known as sections.

Minister

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teller

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Division

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