My Lords, we now come to the Second Reading of the Corporate Insolvency and Governance Bill. A limited number of Members are here in the Chamber, respecting social distancing, and if the capacity of the Chamber is exceeded, I will immediately adjourn the House. Other Members will participate remotely, but all Members will be treated equally, wherever they are. For Members participating remotely, microphones will unmute shortly before they are to speak; please accept any on-screen prompt to unmute. Microphones will be muted again after each speech. I ask noble Lords to be patient if there are any short delays as we switch between physical and remote participants. I remind the House that our normal courtesies in debate still very much apply in this new hybrid way of working.
To help manage proceedings, there will be an adjournment after the speech of the noble Baroness, Lady Falkner of Margravine, until a convenient point after 4.45 pm. After the adjournment, the debate will resume with the noble Baroness, Lady Anelay of St Johns.