Budget Responsibility and National Audit Bill [HL]. Lords committee stage debate (third day). Clause 4-7 amendments debated. Clauses 4-8 agreed without amendment. Committee adjourned. Grand committee held in the Moses Room
Budget Responsibility and National Audit Bill [HL]
About these Parliamentary proceedings
Reference
723 c1-36GC Session
2010-12Legislative stage
Committee stageChamber / Committee
House of Lords Grand CommitteeRelated items
Budget Responsibility and National Audit Bill (HL). Explanatory notes also published (HL Bill 23-EN)
Thursday, 21 October 2010
Bills
House of Lords
Thursday, 21 October 2010
Bills
House of Lords
Proceeding contributions
Lord Higgins | 723 c9GC (Link to this contribution)
My Lords, we are grateful to the Minister, who has clarified a number of points. I will come back to...
Lord Eatwell | 723 c34GC (Link to this contribution)
The noble Lord sounds like the fellows in my college whose standard reaction to any proposal of mine...
Show all contributions (107)
Lord Eatwell | 723 c14-5GC (Link to this contribution)
While I agree with the Minister that doing an assessment yourself makes for a learning experience, h...
Lord Barnett | 723 c15-6GC (Link to this contribution)
My Lords, Amendment 25 is in my name and that of my noble friend Lord Peston. Everything that I have...
Lord Higgins | 723 c25-6GC (Link to this contribution)
My Lords, it may be convenient also to consider Amendments 31 and 32. When I first looked at Clause ...
Lord Eatwell | 723 c31GC (Link to this contribution)
36: Clause 6, page 3, line 10, leave out paragraph (b)
Lord Turnbull | 723 c32GC (Link to this contribution)
I support the amendment, at least in so far as it relates to Clause 5(2), for much the same reasons ...
Lord Newby | 723 c27-8GC (Link to this contribution)
We had a long debate on this issue at our previous meeting and I am not going to rehearse all the ar...
Lord Higgins | 723 c34GC (Link to this contribution)
37: Clause 7, page 3, line 16, leave out ““aim to””
Lord Higgins | 723 c34GC (Link to this contribution)
My Lords, the amendment, which has a whole clause to itself, is not difficult to understand. The Bil...
Lord Sassoon | 723 c34-5GC (Link to this contribution)
My Lords, of course the OBR should be cost-effective and efficient—there is no question about that—a...
Lord Sassoon | 723 c33GC (Link to this contribution)
I am not sure whether this will help, but just to be clear, we are expecting the OBR to assess the i...
Lord Eatwell | 723 c35GC (Link to this contribution)
We have always done it that way.
Lord Sassoon | 723 c35-6GC (Link to this contribution)
Of course, in the wider context, the accounting officer will have to answer for the OBR’s cost-effec...
Lord Higgins | 723 c36GC (Link to this contribution)
It will be a question of it coming not to court but to the NAO, which is dealt with in the second pa...
Lord De Mauley | 723 c36GC (Link to this contribution)
My Lords, this might be a convenient if somewhat early moment for the Committee to adjourn until Thu...
Lord Eatwell | 723 c3GC (Link to this contribution)
Gosh, that was quite a loosening up. I think that the noble Lord has taken the point. In my reading,...
Lord Higgins | 723 c3GC (Link to this contribution)
22: Clause 4, page 2, line 26, at end insert—
““( ) The Office must publish with its forecasts the a...
Lord Higgins | 723 c3-4GC (Link to this contribution)
My Lords, it should be convenient, as has been suggested, that we discuss Amendments 26 and 39 at th...
Lord Eatwell | 723 c4-5GC (Link to this contribution)
My Lords, my noble friend Lord Peston suggested to me that I should follow the introduction of this ...
Lord Colwyn | 723 c1GC (Link to this contribution)
My Lords, I have the usual announcement to start with: if there is a Division in the Chamber while w...
Lord Eatwell | 723 c1GC (Link to this contribution)
20: Clause 4, page 2, line 20, at end insert—
““( ) In fulfilling its duty imposed by subsection (1)...
Lord Eatwell | 723 c1-2GC (Link to this contribution)
My Lords, before moving on to Amendment 20, I shall make a couple of general remarks about how we ha...
Lord Sassoon | 723 c2-3GC (Link to this contribution)
My Lords, I am happy to start by saying that I agree that we should, as far as possible, stick to th...
Lord Myners | 723 c9-10GC (Link to this contribution)
Perhaps I, too, may make a comment. I took the Minister’s reply to the question asked by the noble B...
Lord Sassoon | 723 c9GC (Link to this contribution)
Perhaps I may clarify that. There will be one official forecast, which the OBR will produce. The Tre...
Lord Eatwell | 723 c9GC (Link to this contribution)
I do not quite follow that. If the Treasury is going to disagree, or at least have the capability of...
Lord Myners | 723 c6-7GC (Link to this contribution)
My Lords, I, too, speak in favour of the amendment tabled by the noble Lord, Lord Higgins. Unlike my...
Lord Sassoon | 723 c7-8GC (Link to this contribution)
My Lords, this discussion has been interesting because it confirms how much material the OBR has alr...
Lord Peston | 723 c5-6GC (Link to this contribution)
My Lords, noble Lords will be aware from my remarks last time in Committee that I would not have set...
Lord Eatwell | 723 c9GC (Link to this contribution)
I agree with the noble Lord that the amount of information that is published has increased, to gener...
Baroness Browning | 723 c8GC (Link to this contribution)
Will my noble friend confirm that, in the event of the Treasury not using the OBR’s forecast, it wil...
Lord Sassoon | 723 c8GC (Link to this contribution)
Yes, I can confirm that, although that is not in any way the expectation.
On the specific question ...
Lord Eatwell | 723 c11GC (Link to this contribution)
My Lords, from our side, the point is not that that capability should not be there, as it clearly sh...
Lord Burns | 723 c11GC (Link to this contribution)
My Lords, perhaps I may add to the point made by the noble Baroness, Lady Noakes. The OBR will produ...
Lord Myners | 723 c12GC (Link to this contribution)
Further forecasts on the economy are made in government. I believe that the Department for Business ...
Lord Higgins | 723 c11-2GC (Link to this contribution)
My Lords, I understand the argument of the noble Lord, Lord Burns, and I should like to think furthe...
Lord Sassoon | 723 c10GC (Link to this contribution)
My Lords, there will not be another official internal forecast. There will be the forecast of the OB...
Lord Higgins | 723 c10GC (Link to this contribution)
I find this rather difficult. The Minister raises his eyebrows. I simply do not understand what the ...
Baroness Noakes | 723 c10GC (Link to this contribution)
Perhaps I may suggest to my noble friend that much of the debate in Committee has been concerned wit...
Baroness Browning | 723 c10GC (Link to this contribution)
My earlier question came from reading the evidence of Professor Wren-Lewis to the Select Committee. ...
Lord Sassoon | 723 c12GC (Link to this contribution)
I love it when noble Lords preface their remarks by saying, ““This may not be the place in which to ...
Baroness Noakes | 723 c12GC (Link to this contribution)
But not today.
Baroness Noakes | 723 c14GC (Link to this contribution)
I suggest to the noble Lord, Lord Peston, that it is not so much the requirement to do the assessmen...
Lord Peston | 723 c13-4GC (Link to this contribution)
May I interrupt the noble Lord? I am totally puzzled now. The noble Lord uses the word ““requirement...
Lord Sassoon | 723 c14GC (Link to this contribution)
My Lords, I am confused by this, because there are certain other things that I would have thought it...
Lord Higgins | 723 c12GC (Link to this contribution)
I gladly accept that offer and beg leave to withdraw the amendment.
Amendment 22 withdrawn.
Amendm...
Lord Eatwell | 723 c12GC (Link to this contribution)
23: Clause 4, page 2, line 28, leave out paragraph (a)
Lord Eatwell | 723 c13GC (Link to this contribution)
My Lords, at Second Reading it was acknowledged on all sides of the House that requiring the OBR to ...
Baroness Noakes | 723 c13GC (Link to this contribution)
My Lords, the noble Lord, Lord Eatwell, has already referred to the fact that I did not support the ...
Lord Eatwell | 723 c13GC (Link to this contribution)
I was hoping to provide space for those who feel as strongly as I do, as apparently does the noble B...
Lord Sassoon | 723 c13GC (Link to this contribution)
My Lords, I, too, am a bit puzzled as to why we are discussing only half the linked story, but my no...
Lord Sassoon | 723 c20GC (Link to this contribution)
I am grateful to my noble friend for trying to bring this back into perspective. Of course the OBR s...
Lord Eatwell | 723 c19-20GC (Link to this contribution)
While agreeing with the noble Baroness, Lady Noakes, I think that there is an important point here. ...
Lord Myners | 723 c19GC (Link to this contribution)
Before we rush away to look for this information on the website, let me say this: the noble Lord is ...
Lord Sassoon | 723 c19GC (Link to this contribution)
As the noble Lord knows very well, if he would like to ask the question, I will pass it on to Mr Cho...
Lord Myners | 723 c19GC (Link to this contribution)
I am not sure that the answer is entirely satisfactory. The Chancellor described this as an audit. H...
Baroness Noakes | 723 c19GC (Link to this contribution)
My Lords, the Opposition are getting overexcited this afternoon. The small phrase in the announcemen...
Lord Peston | 723 c18GC (Link to this contribution)
I am sorry, but I would really like my question to be answered. I do not want to know the form; I wa...
Lord Sassoon | 723 c18GC (Link to this contribution)
My Lords, the scrutiny is one of the things that underpin what the noble Lord calls ““the big docume...
Lord Peston | 723 c18GC (Link to this contribution)
I would like to see where they are. I know the difference between form and substance, and I would li...
Lord Sassoon | 723 c19GC (Link to this contribution)
I would need to go back to the Treasury website, but I believe that in among all the supplementary d...
Lord Sassoon | 723 c18GC (Link to this contribution)
Indeed, my Lords, as I said, the form of the scrutiny is set out in the terms of reference given to ...
Lord Peston | 723 c18GC (Link to this contribution)
My Lords, when it suits him, the noble Lord is keen on the casual use of language. Can I take it tha...
Lord Sassoon | 723 c17-8GC (Link to this contribution)
I am grateful to my noble friend for delivering my script for me. Perhaps I should declare my intere...
Baroness Noakes | 723 c17GC (Link to this contribution)
My Lords, the noble Lord, Lord Barnett, has gone a bit over the top in describing Mr Chote and his c...
Lord Eatwell | 723 c15GC (Link to this contribution)
I am grateful for the supervision. However, if we look forward, we will be discussing a set of amend...
Lord Barnett | 723 c15GC (Link to this contribution)
25: Clause 4, page 2, line 32, at end insert ““but shall not be regarded as an audit””
Lord Eatwell | 723 c15GC (Link to this contribution)
I thank the noble Baroness, Lady Noakes. It is, as we say, a learning experience.
Lord Higgins | 723 c15GC (Link to this contribution)
It is very simple. You ring up the Whips Office and say, ““I don’t like the way in which it has been...
Lord Sassoon | 723 c23-4GC (Link to this contribution)
My Lords, the noble Lord, Lord Myners, accused himself of being churlish. The noble Lord, Lord Burns...
Lord Burns | 723 c23GC (Link to this contribution)
My Lords, I support the remarks of the noble Lord, Lord Newby. The noble Lord, Lord Myners, knows th...
Lord Peston | 723 c24GC (Link to this contribution)
29: Clause 5, page 2, line 35, at end insert ““; and it may, in particular, take evidence from exper...
Lord Myners | 723 c24GC (Link to this contribution)
My Lords, far be it from me to wish to cause mischief. I have listened with great interest to the co...
Lord Sassoon | 723 c24-5GC (Link to this contribution)
I shall try to be almost as brief. I agree absolutely that the OBR should have access to external ex...
Lord Peston | 723 c24GC (Link to this contribution)
My Lords, of course I tabled Amendment 29 before I had heard the Minister’s replies to many other am...
Lord Higgins | 723 c25GC (Link to this contribution)
30: Clause 5, page 3, line 1, leave out subsection (3)
Lord Peston | 723 c25GC (Link to this contribution)
I thank the Minister very much for that answer. I, too, am making the assumption that the OBR will r...
Lord Eatwell | 723 c26GC (Link to this contribution)
My Lords, when I prepared my speaking note for a discussion of this series of amendments to Clause 5...
Lord Newby | 723 c23GC (Link to this contribution)
My Lords, I am sure that all noble Lords wish that Chancellors were models of balance and completene...
Lord Barnett | 723 c20GC (Link to this contribution)
My Lords, there is no need for noble Lords to waste their time looking at websites. I submitted a Wr...
Lord Barnett | 723 c21GC (Link to this contribution)
I am sure that the noble Baroness, Lady Noakes, read the website carefully. She did not quote it to ...
Lord Barnett | 723 c21GC (Link to this contribution)
I must tell the noble Lord that I may not be doing my job properly, but I do not spend my life going...
Lord Sassoon | 723 c20-1GC (Link to this contribution)
Forgive me, but I went through the detail of what was published on the OBR’s website by Mr Chote, an...
Lord Myners | 723 c22-3GC (Link to this contribution)
My Lords, in many ways the points that I want to make here have already been made by my noble friend...
Lord Myners | 723 c21GC (Link to this contribution)
28: Clause 4, page 2, line 32, at end insert—
““( ) There is a duty on the Office to comment on the ...
Lord Barnett | 723 c21GC (Link to this contribution)
I beg leave to withdraw the amendment.
Amendment 25 withdrawn.
Sitting suspended for a Division in...
Lord Colwyn | 723 c21GC (Link to this contribution)
My Lords, a Division is taking place. Does the noble Lord feel that he can wind up in 30 seconds, in...
Lord Sassoon | 723 c30GC (Link to this contribution)
In summary, I cannot promise that there is any way of making of all this clearer. I think that there...
Lord Burns | 723 c30GC (Link to this contribution)
Perhaps I may help the noble Lord, Lord Peston. One must assume that the Monetary Policy Committee w...
Lord Eatwell | 723 c30GC (Link to this contribution)
Before the noble Lord withdraws his amendment, I agree entirely with the Minister that there is a cl...
Lord Higgins | 723 c30GC (Link to this contribution)
My Lords, that is a very sensible reaction on the part of the Minister.
Lord Eatwell | 723 c33GC (Link to this contribution)
I am grateful to the noble Lord. If we get Clause 5(3) right, it may work very well, but we have bee...
Lord Sassoon | 723 c32-3GC (Link to this contribution)
My Lords, I find this interesting because what the noble Lords, Lord Eatwell and Lord Turnbull, have...
Lord Higgins | 723 c30-1GC (Link to this contribution)
My Lords, the whole purpose of a Committee stage is to get to the bottom of certain difficult aspect...
Lord Eatwell | 723 c31-2GC (Link to this contribution)
My Lords, Amendment 36 refers to Clause 6(1)(b) and seeks to remove the attempt to qualify Clause 5(...
Lord Peston | 723 c27GC (Link to this contribution)
My Lords, I speak to Amendment 32, which is in my name and that of my noble friend Lord Barnett. Whe...
Lord Higgins | 723 c27GC (Link to this contribution)
I should perhaps have said in my opening remarks that I had, in effect, had second thoughts. It may ...
Lord Sassoon | 723 c30GC (Link to this contribution)
I assume that in all normal circumstances it will look intently at the forecasts of the MPC about fu...
Lord Peston | 723 c29-30GC (Link to this contribution)
Since we are putting this on the statute book, is it the case that the OBR would not be offending th...
Lord Sassoon | 723 c29GC (Link to this contribution)
When I talk about government policies, I mean government policies. What assumptions the OBR makes ab...
Lord Peston | 723 c29GC (Link to this contribution)
Can the noble Lord give one clarification on that? We all agree that, if we are going to have an OBR...
Lord Sassoon | 723 c28-9GC (Link to this contribution)
My Lords, perhaps I might go back to confirming what we are seeking to do and not to do in the Bill....
Lord Burns | 723 c28GC (Link to this contribution)
My Lords, for the reasons that I have set out about the importance of the political impartiality of ...
Lord Burns | 723 c28GC (Link to this contribution)
My Lords, I agree with the noble Lord, Lord Newby. I had hoped that the purpose of the clause was to...
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