Commonwealth Development Corporation Act 2017

Key Points

• Updates the statutory basis for the Commonwealth Development Corporation's operations and governance.
• Passed all parliamentary stages, ultimately receiving Royal Assent on 23 February 2017.
• Two Report Stage votes on 10 January 2017 showed clear party-line divisions between supporters and opposers.
• Party positions: Labour, SNP, Liberal Democrats, Plaid Cymru and Independents supported; Conservatives (with DUP and Reform UK) opposed; Sinn Féin recorded as mixed.
• Originated in the Commons and moved through the Lords before becoming law.

Progress

The bill progressed through all 13 parliamentary stages in both Houses and became law after Royal Assent on 23 February 2017.

Voting

Two Report Stage votes on 10 January 2017 showed clear party-line divisions: Labour and other non-Conservative groups voted Aye, while Conservative MPs (with DUP and Reform UK) voted No; Sinn Féin’s position is noted as mixed. Overall, No votes exceeded Aye votes, indicating opposition from the governing side despite cross-party support.