Private Rented Sector

Marcus Fysh Excerpts

Thursday 9th February 2023 Commons Chamber

[Madam Deputy Speaker (Dame Rosie Winterton)]

I thank the Chair of the Select Committee for his statement, and for answering questions.

Bill presented

Northern Ireland (Executive Formation) Bill

Presentation and First Reading (Standing Order No. 57)

Secretary Chris Heaton-Harris, supported by the Prime Minister, Secretary James Cleverly, Secretary Michael Gove, Mr Secretary Alister Jack, Secretary David T. C. Davies and Mr Steve Baker, presented a Bill to make provision to extend the period following the Northern Ireland Assembly election of 5 May 2022 during which Ministers may be appointed and after which the Secretary of State must propose a date for another election; and to allow the Secretary of State to propose a date for another election before Ministers have been appointed.

Bill read the First time; to be read a Second time on Monday 20 February 2023, and to be printed (Bill 247) with explanatory notes (Bill 247-EN).

[Mr Marcus Fysh (Yeovil) (Con)]

On a point of order, Madam Deputy Speaker. I am grateful for the opportunity to raise this matter; I gave Mr Speaker advance notice, as this has a bearing on the subject matter of today’s business. I have been attempting since May last year to register my interest in a large-scale change of policy by the parliamentary contributory pension fund, which will now invest in renewable energy. Those investments will amount to no less than 10% of the fund, but the registrar and the Parliamentary Commissioner for Standards have not allowed me to register an interest, citing a provision of the rules that says the pension scheme does not have to be registered as an interest because it is available to all Members.

You may recall, Madam Deputy Speaker, that the rules also said that unremunerated directorships did not have to be registered; however, the commissioner has said that they nonetheless need to be, in view of the commissioner’s assessment of the need to register anything that might reasonably be thought to be relevant. That is regardless of whether a link to the company to which the unremunerated directorship related was declared. There is large-scale investment in renewables by the parliamentary contributory pension fund, from which MPs benefit, at a time when there is a Government-mandated transition to renewables and huge subsidy of such investments. In my view, it is obvious that members of the public might reasonably think that the change to investment in renewables might influence MPs’ actions or words, or be relevant, and the commissioner and registrar should allow MPs to register that interest.

I am grateful to the registrar and the new commissioner for the helpful dialogue that I have had with them on the issue; I believe that the latter has written to Mr Speaker. Perhaps you could help, Madam Deputy Speaker. I note that information about the renewable investment policy is not at all easy to find in the pension scheme documents that are available on Parliament’s website, hence the delay in my coming across it. I wish to ask how you might ensure that this interest can be registered, so that there can be no perception of an undeclared interest, no institutional bias in Parliament towards policies favourable to renewable investment, and no attempt to cover anything up.

[Madam Deputy Speaker (Dame Rosie Winterton)]

I thank the hon. Gentleman for his point of order. The Parliamentary Commissioner for Standards is independent, and it is difficult for the Chair to comment on what is a matter for the independent commissioner. However, the hon. Gentleman has put his views on the record. The Committee on Standards might like to take note of the issue. I am sure that his comments will be passed on, and if there is anything on which we need to come back to him, I will ensure that we do.