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Commercial Payments Bill [HL] - Third Reading

House of Lords, 20 October 2026.

Motion

Baroness Smith of Basildon (Labour)

My Lords, I have it in command from His Majesty the King and His Royal Highness the Prince of Wales to acquaint the House that they, having been informed of the purport of the Commercial Payments Bill, have consented to place their interests, so far as they are affected by the Bill, at the disposal of Parliament for the purposes of the Bill.

Lord Leong (Labour)

My Lords, I will now make a short statement on the position regarding legislative consent on this Bill. The Bill affects the whole of the United Kingdom. We have been engaging constructively with the devolved Governments throughout the passage of the Bill and are hopeful of securing legislative consent from Scotland, Wales and Northern Ireland. Following the Commons framework agreed between our four nations in March, I want to recognise the work that officials and Ministers in the devolved Governments have contributed to the Bill, and in tackling late payments. I am confident that legislative consent Motions will be granted by all three devolved legislatures, noting that provisions in the Bill which touch on devolved areas are subject to a consent mechanism from the devolved Governments, respecting the devolved settlements. However, it is not unusual for issues related to legislative consent to be resolved in the second House, and we hope to have more to say in the other place.

A privilege amendment was made.

Bill read a third time.

Lord Leong (Labour)

My Lords, the recent Procedure Committee report agreed by the House reinforces the Companion’s useful guidance that the motion that the Bill do now pass is usually moved formally. In line with that, I do not intend to make any further remarks, other than to say, I beg to move that the Bill do now pass.

Lord Fox (Liberal Democrat)

I will not be saying anything, either.

Lord Sharpe of Epsom (Conservative)

My Lords, I was going to say something—in particular, thanks very much indeed to the Minister for his excellent engagement—but, given that everybody else is being brief, so will I.

Bill passed and sent to the Commons.