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Lords division · 18 May 2000 · No. 1

Financial Services and Markets Bill

It was moved by the Lord Saatchi, in Clause 3, page 2, line 37, at end to insert: (“(3) Maintaining confidence in the financial system includes ensuring so far as is practicable that markets and exchanges which operate both in the United Kingdom and in another country or territory and members of those markets and exchanges are regulated to common standards and that the overseas regulator in the relevant country or territory adopts measures consistent with those under this Act for the prevention and prohibition of market abuse in relation to those markets and exchanges. (4) “Overseas regulator” has the same meaning as in section 190.”); which being objected to, the question was put thereupon, and the House divided:

The Not Contents have it

Majority 16

Contents: 128 Not Contents: 144

At a glance The Not Contents won by a margin of 16 votes. The Government's position was Not Content, and it won.

How the parties voted

Contents

Conservative 111
Crossbench 11
Non-affiliated 4
Conservative Independent 1
Ulster Unionist Party 1

Not Contents

Labour 95
Liberal Democrat 26
Crossbench 11
Non-affiliated 10
Independent Labour 1
Green Party 1

The party breakdowns are our own analysis of the official voting records (recorded votes only; they do not describe the formal whip). How we work this out.

Peers attend divisions ad hoc, so there is no did-not-vote list. Tellers are counted in the Content and Not Content totals, unlike in the Commons.

Tellers: Lord Burnham (Content), Lord Henley (Content), Lord Bach (Not Content), Lord Carter (Not Content).

Every vote

Contents (126)

Not Contents (142)

Tellers (4)

Source: the official Lords division record.