division_name: Water (Special Measures) Bill [HL] - <i>Report</i> &#8212; Amendment 2
motion: <p class="italic" pid="a250.1/1" pwmotiontext="unrecognized">Moved by Lord Cromwell</p>
  
  <p class="italic" pid="a250.1/2" pwmotiontext="unrecognized">2: Clause 1, page 2, line 3, at end insert&#8212;&#8220;(d) requiring a relevant undertaker to report not less than annually to the Authority on actual or planned financial structuring or restructuring of the undertaker, including debt levels, commercial strategy and any associated risks, including to the long-term sustainability of the undertaking.&#8221;Member&#8217;s explanatory statementThe amendment requires that financial engineering becomes a regular focus area for timely reporting in order to assist in regulators&#8217; understanding and alert them in good time to risks or distortions in a water company.</p>
  
  <p pid="a250.2/2" pwmotiontext="yes">Ayes 279, Noes 136.</p>