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Bank of England and Financial Services Bill: Commons remaining stages

19 April 2016 (updated on 19 April 2016)

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MPs will debate the remaining stages of the Bank of England and Financial Services Bill in the House of Commons on Tuesday 19 April 2016.

Both the Report Stage and Third Reading of the Bill will take place on Tuesday 19 April 2016.

Proceedings on the Bill are expected to start at 12.45pm, following the Ten Minute Rule on Farm Produce (Labelling Requirements) but may be later if any Urgent Questions or statements are granted on the day.

Timings are approximate as Parliamentary business is subject to change.

Transcripts of proceedings in the House of Commons Chamber are available in Hansard online three hours after they happen.

Related information

Summary of the Bank of England and Financial Services Bill

A Bill to make provision about the Bank of England; to make provision about the regulation of financial services; to make provision about the issue of banknotes; and for connected purposes.

Progress of the Bill

The Bill will next be considered at Report Stage and Third Reading on 19 April 2016.

Amendments can be made to the Bill at report stage. Amendments to be considered are selected by the Speaker.

This Government Bill was introduced to the House of Commons on 19 January 2016. It had its second reading on 1 February 2016.

Keep up to date with all the proceedings and documentation, including amendment papers on the Bank of England and Financial Services Bill and find out how a Bill becomes an Act of Parliament.

House of Commons Library analysis

The House of Commons Library produces briefing papers to inform MPs of key issues. The papers contain factual information and a range of opinions on each subject, and aim to be politically impartial.

What happens next?

If the Bill is amended in the House of Commons it will return to the House of Lords for further consideration.

What is the report stage of a bill?

The report stage gives MPs an opportunity, on the floor of the House, to consider any further amendments (proposals for change) to a bill which has been examined in a public bill committee or on the floor of the House. There is no set time period between the end of committee stage and the start of the report stage.

What happens at report stage?

All MPs may speak and vote. For lengthy or complex bills, the debates may be spread over several days. All MPs can suggest amendments to the bill or new clauses (parts) that they think should be added.

What happens after report stage?

Report stage is usually followed immediately by debate on the bill's third reading.

What happens at third reading?

Debate on the bill is usually short, and limited to what is actually in the bill, rather than, as at second reading, what might have been included.

Amendments (proposals for change) cannot be made to a bill at a third reading in the Commons. At the end of the debate, the House decides (votes on) whether to approve the third reading of the bill.

What happens after third reading?

If the bill started in the Commons it goes to the House of Lords for its first reading.

If the bill started in the Lords it returns to the House of Lords for consideration of any amendments the Commons has made.

Watching proceedings from the public gallery

UK residents and overseas visitors can watch proceedings in the House of Commons by visiting the public gallery.

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