Member

The alternative drafting I have proposed is more workable. I hope it gets the agreement of my noble friend, who has spoken very eloquently on the importance of trying to simplify this and make it absolutely clear, so that there is no uncertainty or complexity and no additional cost is required, where clear drafting can help clubs meet the requirements of the regulator. I hope that the alternative drafting that I have put forward in Amendment 242A to Clause 50 is more workable for clubs and the regulator. Linking the notification of the regulator’s objectives as the sole factor—it is the regulator’s objectives that should be considered, rather than all the regulator’s functions—would clarify the situation and meet the spirit of what I believe is in the legislation. I hope this will meet with the Minister’s agreement.