Legislative and Regulatory Reform Bill

My hon. Friend has been going down the track of better regulation, no burdens on business and so on. May I invite him to take a step back? I may be misreading the import of the Bill, but clause 1(1) gives a Minister power, by order, albeit on the negative resolution, to reform legislation, or to implement recommendations of one of the Law Commissions in the UK. There is also the power in the Bill for a Minister, by order, also on the negative resolution, I believe, to change the common law of this country. That seems, if I am reading the Bill correctly, far more sweeping than powers to deal with the number of weeks’ notice one has to give under some statutory instrument. Can he step back and deal with that broader constitutional picture?