A Bill to make provision enabling the Secretary of State in certain circumstances to make regulations relating to the transfer of securities issued by, or property, rights and liabilities of, a steel undertaking; and for connected purposes.
May contain errors — check source documents for definitive information.
The bill would let the government set rules to transfer the shares, property, rights and liabilities of a steel undertaking in certain circumstances, potentially enabling the state to take control of a steel company. It covers related purposes and gives the government room to regulate these transfers through secondary legislation.
The bill is at the second reading stage in the House of Commons as of 21 May 2026. It has just begun its passage through Parliament, with further stages to come (committee, report, and third reading) before any final decision.
Generated 15 May 2026
14 May 2026
21 May 2026
This is a public bill presented to Parliament by the Government.
The Bill was introduced to the House of Commons and given its First Reading on Thursday 14 May. This stage is formal and takes place without any debate.
What happens next?
MPs will next consider the Bill at Second Reading on Thursday 21 May.
No recorded votes for this bill yet.
