My Lords, before the start of today’s proceedings on the Property (Digital Assets etc) Bill, it may be helpful if I say a word about the Special Public Bill Committee procedure that we will follow. In nearly all respects, our proceedings will be identical to those of a Grand Committee. I will ask the Committee to stand each clause part. Any Member of the House may attend and speak, Members should stand when speaking and Members may speak more than once to each amendment or clause.

The main difference from Grand Committee is that the Committee may vote. If, when I collect the voices, it is clear that there is no agreement, I will call a Division, which will take place straightaway. Only Members of the Committee may vote. The clerk will call out each name in alphabetical order and Members should reply “Content”, “Not content” or “Abstain”. I will then announce the result and call the next amendment or clause. Members are reminded to declare any interests that have not already been declared when they first speak. Finally, I remind the Committee that we are sitting in public and being recorded.