I anticipated that the Minister would take such a line and at this stage—and only at this stage—I am willing to withdraw the amendment. However, he may have to be a little cautious because some issues may yet be raised by much more expert lawyers in another place. From reading their debates, I know that any issues that touch on even the slightest retrospection always cause Law Lords grave concern. I am not sure that he is completely off the hook in the long term, but for now I am prepared to say that I concede some faults.

I know that the Minister would recognise from the intervention of the hon. Member for Redcar that the measure was not retrospective in the full sense, but we thought that that such matters were worth raising. I beg to ask leave to withdraw the amendment.

Amendment, by leave, withdrawn.

Amendments made: No. 286, in page 190, line 40, leave out 'or a pecuniary advantage'.

No. 287, in page 190, line 41, at end insert—

'(5A) If a person obtains a pecuniary advantage as a result of or in connection with conduct, he is to be taken to obtain as a result of or in connection with the conduct a sum of money equal to the value of the pecuniary advantage.'.

No. 288, in page 191, line 4, leave out 'or pecuniary advantage'.—[Mr. Bob Ainsworth.]