M
Member
Speaking in the House of Lords on 29 January 2025
Debate
Royal Albert Hall Bill [HL]Contribution
My amendment would insert a new clause in the Bill. It does not in any way impact the rights of seat-holders generally. However, if you are a seat-holder and a trustee—a member of council—you are in a special position because of your ultimate decision-making power. If the council decides that it needs more freedom in setting the balance between inclusive and exclusive lets, so be it, but the use of this power needs to pass two further tests. First, any changes proposed under the new provisions need to be approved by a sub-committee of the board of which independent members form a majority. This is provided for in proposed subsection (1)(a). Secondly, as regards seat-holding trustees or council members—or their families—any tickets resulting from the use of the power can be sold back only through the hall box office via the TRS. They cannot be sold in the open market. The trustee will then get back the face value of the ticket but will not be able to make potentially super-profits—super-profits which will have arisen as a result of the decisions for which they were ultimately responsible. That is the purpose of proposed subsection (1)(b).
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