§ Ms Oona KingTo ask the Deputy Prime Minister if he will place in the Library a copy of the policy statement being used to inform the Law Commission's indicative clauses for a statutory tenancy deposit scheme. [166129]
§ Phil HopeThe reference to the Law Commission is for them to consider indicative clauses on tenancy deposit protection to accompany the publication of their draft legislation Bill on tenure reform. These will illustrate how a compulsory requirement for tenancy deposit protection and adjudication over tenancy deposit disputes would be implemented using the mechanisms set out in their report in November on Renting Homes.
This reference does not require the Law Commission to consider the desirability or otherwise of regulating tenancy deposits. Neither does it represent a 369W commitment by the Government to legislating on the basis of Law Commission's draft legislation or the draft clauses on tenancy deposit protection and adjudication.
When it is published we will need to consider the Law Commission's draft legislation very carefully. The Government will publish its approach to tenancy deposit protection shortly afterwards.