My Lords, we come to the last group of amendments on the list of groupings, although the noble Baroness, Lady Hayter of Kentish Town, may be somewhat upset if we do not cover Amendments 36 and 37 on the Marshalled List.
Clause 14 deals with reviews of the operation of this Bill. I think the review clause was drafted before the new clauses on social investment were added to the Bill. The original substance of the review was about the main purposes of the original Bill—ie, in Clause 14(1),
“public confidence in charities … the level of charitable donations, and … people’s willingness to volunteer”.
That is entirely right. But there is nothing in the substance of this review about the matters of social investment which we have been discussing.
My Amendment 34 simply asks that in the review of the Act the relationship between grant-making and social investment be reviewed, because if the new powers to make social investment work as the Government envisage that they will, my assumption is that there should be an effect on grant-making, which should be reduced. To put it another way, the total amount of income to the charitable sector should change. The composition of the income should change, too, not least in the balance between the amount of grant-making and the amount of investment.
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It is important that if this House and another place pass legislation, we should look at its effects. Rather in the spirit of the noble Lord, Lord Hodgson, I say that if a bus comes along then you should jump on it, in case it is a while before another one comes. I want add this purpose, which is now reflected in the Bill, into the review. I beg to move.