Member

I turn to my own amendment in this group: Amendment 92. Its overriding purpose is to protect the Government as a stakeholder in this industry. The special administration order regime should never have to be implemented. As noble Lords are aware, this industry provides one of the necessities of life and has local monopolies. If the survival of that company and service to the consumer is to be guaranteed, as it must, the Government become, in effect, the owner of last resort. Why should the Government accept this obligation?