Mr.
Bone: Could the Minister tell the Committee to whom the
receiver manager owes a
duty?
Edward
Miliband: As I understand it, the receiver manager is
acting on behalf of the beneficiaries of the
charity.
Martin
Horwood: The Minister has made a critically important
statement. The intention seems to be entirely in line with the
amendment and with many of the concerns that we have raised today. The
practice may not quite be there yet in that he talks about a periodic
review, but if I interpret correctly what he said it seems to be
entirely at the discretion of the commission, and it apparently has no
obligation to do it at a particular time. However, it seems to be
within the Ministers powers to make regulations or orders
directing the
commission to conduct periodic reviews, or to amend the table in order
to have reviews at specific timetabled periods, or some other
mechanism. We seem to be nine tenths of the way to agreement.
If the Minister can assure me
that he will pursue that one last remaining issue of the timetable of
the periodic review, assure me that it is a genuine opportunity to
challenge the continued appointment of a receiver and manager, then I
would be very reassured indeed.
Edward
Miliband: I must be careful. It is not for the Minister to
tell the commission how often the periodic review should be. However,
in the interest of harmony, I shall endeavour to return later and tell
the Committee how often the periodic reviews should happen, and the
basis of their determination. I hope therefore that the hon. Gentleman
will withdraw the amendment.
Martin
Horwood: I am encouraged by what I have heard. I beg to
ask leave to withdraw the amendment.
Amendment, by leave,
withdrawn.
Schedule 4 agreed
to. Further
consideration adjourned.[Liz
Blackman.] Adjourned
accordingly at Four o'clock till Tuesday11 July at half-past
Ten
o'clock.
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