Member

While I have listened to concerns, I have been pleased to see Peers across the House, as well as the DPRRC and the Constitution Committee, indicate an understanding for the need for some form of legislation. As technology and regulation continue to develop, we need new powers to keep our existing body of product regulation up to date and to address future threats and hazards. Amendment 2 in the name of the noble Lord, Lord Sharpe, would remove core provisions in the Bill that will allow us to do this. This would leave our product regulation framework frozen in time, unable to respond to either technical updates or substantial new risks.