Consumers, Estate Agents and Redress Bill [Lords]

The amendments are an example of forward thinking, rather than of the absence of forward thinking. Where it is our intention to introduce the new arrangements within a year of the Bill receiving Royal Assent, we want to maximise the benefits to consumers and minimise uncertainty for staff in the existing organisations. Both of those considerations suggest that it is right to meet the challenging timetable that we have set, and I think that we can do that. Because of the time constraints on the implementation timetable, it would be helpful for us and the regulators to be able to consult before Royal Assent. That is why we have tabled these amendments. To do so is a prudent step. We do not want to jeopardise the achievement of this challenging timetable. The hon. Gentleman will agree that, from the point of view of consumers but also of staff, it is helpful not to waste time on this issue. The amendments will help us to resolve it quickly, and I hope that he feels able to support them on that basis. Amendment agreed to.