Payment Accounts (Amendment) (EU Exit) Regulations 2018

My Lords, I was unable to attend the Grand Committee. Will the Minister confirm whether this is yet another of the many hundreds of statutory instruments which we are having to consider in this House in the event of a no-deal exit from the European Union, which 17.4 million people did not vote for—because there was never any suggestion of there being a no-deal exit when that referendum took place? I hope the Minister will correct his statement on the previous regulations. This is something which is taking up a lot of our time in Grand Committee, and a lot of civil servants’ time, which could be used in more profitable activities.