Rebecca Smith

Rebecca Smith

Conservative — South West Devon

Speaking in the House of Commons on 29 April 2025

Debate

Public Authorities (Fraud, Error and Recovery) Bill

Contribution

I thank the hon. Member for his intervention, but that is not what we are debating; it is certainly not part of my speech. Our new clauses 11, 12 and 20 are on the impact on banks. We have concerns about the lack of detail in the Bill when it comes to the eligibility verification mechanism and the requirements that will be put on banks and other financial institutions. We do not have the statutory code of conduct. We do not know what it will cost banks. We do not know the results of any pilot schemes, and we do not know whether the amount recovered will be more than what it costs to administer. Madam Deputy Speaker, had you been in our Committee, you would know that the code of conduct was probably the thing most frequently commented on, and the Ministers did a huge amount to reassure us that it was forthcoming—

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