M

Member

Speaking in the House of Lords on 30 April 2025

Debate

Property (Digital Assets etc) Bill [HL]

Contribution

4: After Clause 1, insert the following new Clause— “Review: impact of digital assets being treated as property by virtue of this Act(1) On the day on which this Act is passed, the Secretary of State must publish an economic impact assessment of digital assets being treated as property by virtue of this Act.(2) The impact assessment under subsection (1) must include, but is not limited to—(a) the estimated change in demand for, and use of, digital assets and the impact of this on data centre power usage, and(b) the current level of data centre provision and its ability to meet any increase in demand for digital assets.”

About Hansard

Hansard is the official verbatim record of proceedings in the UK Parliament. Every word spoken in the Commons and Lords is recorded and published — this page is a single contribution from that record.

Partner sites