Moved by
Baroness Pinnock
1: After Clause 1, insert the following new Clause—
“Review of the impact of section 1 on small businesses
(1) Within six months of the day on which this Act is passed, the Secretary of State must carry out a review of the impact of section 1 of this Act on small businesses.
(2) The review in subsection (1) must cover, but is not limited to, the impact of the changes to the system of determining a material change in circumstances introduced by section 1.
(3) The review must make a recommendation as to whether further financial support is needed to support small businesses in light of the changes made by this Act.
(4) The Secretary of State must lay a copy of the review before Parliament.”
Member’s explanatory statement
This amendment would require the Secretary of State to carry out a review of the impact of section 1 on small businesses.