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UK Parliament · Bill
Commonwealth Development Corporation Act 2017
Summary
This Act allows the UK government to continue operating the Commonwealth Development Corporation, which invests in businesses and development projects across Commonwealth countries (former British colonies and current members). It aims to boost economic growth and reduce poverty in these countries.
A vote to support means
- —Supporting this Act means backing the Commonwealth Development Corporation's work to invest money in businesses and projects in poorer countries. It helps create jobs, improve infrastructure, and reduce poverty in developing nations while potentially creating trade opportunities for UK businesses.
A vote to oppose means
- —Critics worry that taxpayers' money might be invested in projects that don't work out or benefit ordinary people. Some argue the money could be better spent on problems in the UK, or that private companies should fund these investments instead of government.
Cast Your Vote
People's Vote0 votes
0% Support · 00% Oppose · 0
Parliament's Vote543 MPs
45% Ayes · 24455% Noes · 299
Bill Passage
Commons
- 1st reading16 Nov 2016
- 2nd reading29 Nov 2016
- Committee stage6 Dec 2016
- Report stage10 Jan 2017
- 3rd reading10 Jan 2017
Lords
- 1st reading11 Jan 2017
- 2nd reading9 Feb 2017
- Committee stage9 Feb 2017
- Report stage9 Feb 2017
- 3rd reading9 Feb 2017
Royal Assent23 Feb 2017
Full Bill Description(click to expand)
No description available