division_name: UK Infrastructure Bank Bill [HL] - <i>Report</i> &#8212; Amendment 12
motion: <p class="italic" pid="a892.3/1" pwmotiontext="unrecognized">Moved by Lord Tunnicliffe</p>
  
  <p class="italic" pid="a892.3/2" pwmotiontext="unrecognized">12: Clause 2, page 2, line 4, at end insert&#8212;&#8220;(5A) In exercising its functions, the Bank must have regard to the public interest in targeting investment in a manner that&#8212;(a) improves productivity, pay, jobs and living standards, and(b) reduces economic disparities between the nations and regions of the United Kingdom.&#8221;Member's explanatory statementThis amendment would ensure the Bank has regard to the first mission of the Government&#8217;s Levelling Up White Paper when exercising its functions under this Bill.</p>
  
  <p pid="a892.4/2" pwmotiontext="yes">Ayes 172, Noes 158.</p>