Financial Investment and Deforestation Bill 2022-23
require banks and investment institutions regulated in the UK to verify and certify that they do not provide any form of financial or investment support to businesses which derive income from forest risk commodities, or that relevant local laws were complied with in relation to such commodities; and for connected purposes.
Private Members' Bill (under the Ten Minute Rule)
The Financial Investment and Deforestation Bill was a Ten Minute Rule Bill tabled by Chris Grayling.
Is this Bill currently before Parliament?No. This Bill is not under active consideration by Parliament, as it was introduced during the previous 2022-23 Session.
Whose idea is this Bill?As a Private Members' Bill, this Bill represents the individual initiative of an MP (Chris Grayling), not the Government.
What type of Bill is this?A Ten Minute Rule Bill is a process of tabling a bill, where an MP has 10 minutes to advocate for their legislation to the Commons and the Minister responsible.
So is this going to become a law?No. This Bill did not complete it's passage before the Session completed and is no longer before Parliament. However, it may have been re-introduced under a similar name in a subsequent Session.
Would you like to know more?See these Glossary articles for more information: Ten Minute Rule Bill, Private Members Bill, Process of a Bill
Official Bill Page All Bill Debates
Next Event: There is no future stage currently scheduled for this bill
Last Event: Monday 17th October 2022 - 1st reading (Commons)
Bill Progession through Parliament