HC Deb 19 July 1967 vol 750 cc2399-400
Mr. Darling

I beg to move Amendment No. 241, in page 67, line 21, to leave out 'so given' and to insert 'given in a statement or report so annexed'.

This Amendment corrects a minor error in drafting.

Amendment agreed to.

Mr. Darling

I beg to move Amendment No. 242, in page 67, line 21, at the end to insert: () The proviso to subsection (3) of section 34 of the principal Act (which excepts regulations made under the said section 9 from the requirement of that subsection that a statutory instrument containing regulations under that Act shall be subject to annulment in pursuance of a resolution of either House of Parliament) shall not apply to regulations made under the section substituted for the said section 9 by this section. During the Committee stage, the hon. Member for Gloucestershire, South (Mr. Corfield) suggested that Regulations to be made relating to audit should not be excluded from Parliamentary scrutiny, as permitted by Section 34(3) of the Insurance Companies Act, 1958. I agreed to accept the negative Resolution procedure, and this Amendment achieves the desired effect by "disapplying" the proviso to Section 34(3) in relation to Regulations made under Section 9 of the principal Act.

Amendment agreed to.

Mr. Darling

I beg to move Amendment No. 116, in page 67, line 26, at the end to insert: Provided that any regulations made under the section substituted as aforesaid and any amendment thereto or repeal thereof as well as any amendment to or repeal of regulations made under section 9 of the principal Act as originally enacted shall be made by statutory instrument which shall be subject to annulment in pursuance of a resolution of either House of Parliament and there shall be deleted from the proviso to subsection (3) of section 34 (Provisions as to Regulations) of the principal Act the reference to section 9 of that Act. This is a rather more complicated Amendment which is designed to achieve a similar object to that which I have just explained. I think that this Government Amendment is shorter and simpler than what was previously proposed, and I hope that it will be accepted.

Mr. Corfield

I am very grateful for the efforts of the Minister on this point.

Amendment agreed to.