Lords Amendment: In page 17, line 27, at end insert:
(2) In the proviso to subsection (3) of section 14 of the said Act of 1958, for the words from 'any arrangements' to the end there shall be substituted the words 'any such arrangements as are mentioned in paragraph (b) of subsection (1) of the last preceding section'.
§ Mr. Green
I beg to move, That this House doth agree with the Lords in the said Amendment.
This Amendment was introduced by the Government at the Report stage in the House of Lords. The need for it arises from an oversight. Clause 21 made two Amendments to the Prevention of Fraud (Investments) Act, 1958. The second of these Amendments concerned the substituting of a new paragraph for the existing paragraph (b) of subsection (1) of Section 13. The words of the existing paragraph are repeated in the second half of the proviso to subsection (3) of Section 14 and should, therefore, have bean replaced by the new version of Section 13(1,b). The Amendment, which is purely consequential on this second Amendment made by Clause 21, does this by making the second part of the proviso refer back to Section 13(1,b).
§ Mr. Mitchison
We are only too glad that the Government appreciated this minor mistake, even if at the last moment. We wish that they could sometimes do the same for their major mistakes.
§ Question put and agreed to.