M
Member
Speaking in the House of Lords on 3 February 2025
Debate
Register of Overseas Entities (Protection and Trusts) (Amendment) Regulations 2025Contribution
Given that that was some time ago, it begs the question of what has been going on between when the Bill became an Act and when this very important part of the powers that were agreed arrived. Yet there is half a year or more before the process comes in. If I were burying treasure, I would have had plenty of time to dig it up and bury it somewhere else. What was the process that the new Government went through when they inherited the drafts that were already under way? Has something changed or has it just been due process? Along with the noble Lord, Lord Vaux, I ask the Minister what the new Government’s assessment is of what they seek to do and whether it is any different from what we discussed before.
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