UnassignedRoyal AssentAct of ParliamentView on Parliament.uk

Commonwealth Development Corporation Act 2017

Originating House

House of Commons

Last Updated

24 February 2017

In Plain English

AI-generated

The Commonwealth Development Corporation Act 2017 updates the legal framework for the UK's development finance institution, CDC Group. It clarifies how the organisation is run and overseen, including its powers and governance. The bill has passed through Parliament and become law after receiving Royal Assent.

Key Points

Updates governance and oversight of CDC Group
Clarifies powers, duties and accountability of CDC and its leadership
Sets out governance and management arrangements for CDC-funded activities
Two report-stage amendments were defeated in Parliament
The Act has now become law (Royal Assent)

Progress

The bill has completed its passage through Parliament and received Royal Assent, becoming law.

Voting

Two divisions on 10 January 2017 ended with Ayes of 244 and 246 and No votes of 299 and 293. The Conservative MPs largely opposed the bill, while Labour, the SNP, Liberal Democrats, Plaid Cymru and some Independents supported it.

Who is affected?

CDC Group (Commonwealth Development Corporation) and its staffUK government and taxpayersPartner organisations and projects funded by CDC in developing countriesBeneficiaries in developing countriesSuppliers and contractors involved in CDC-funded activities

Generated 21 February 2026

How Parties Are Voting

Based on 2 recorded votes • Sorted by % Aye

Labour (Co-op)Generally For

186 / 0

Scottish National PartyGenerally For

9 / 0

Liberal DemocratGenerally For

5 / 0

Plaid CymruGenerally For

2 / 0

IndependentGenerally For

2 / 0

ConservativeGenerally Against

0 / 107

Democratic Unionist PartyGenerally Against

0 / 6

Reform UKGenerally Against

0 / 6

SpeakerMixed

0 / 0

Sinn FéinMixed