HL Deb 27 July 1981 vol 423 cc622-3

3 Clause 10, page 7, line 16, at beginning insert "Subject to subsection (2A) below,"

The Earl of Gowrie

My Lords, I beg to move that the House doth agree with the Commons in their Amendment No. 3. These are Government amendments and modify in two respects the provisions of Clause 10 relating to the accounts of the Deep-Sea Mining Fund which are to be prepared by the Treasury and laid before Parliament. They provide that no accounts need be prepared until the first payment is made into the fund, and provide therefore a limited measure of flexibility in the length of the first and last financial years. I beg to move.

Moved, That this House doth agree with the Commons in the said amendment.—(The Earl of Gowrie.)

On Question, Motion agreed to.