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Spaceflight Operator Liability Bill - Clause 2 - Limit on operator’s liability under section 36 of the Space Industry Act 2018
23 February 2024
Lead MP
Jonathan Lord
Debate Type
Bill Debate
Tags
Taxation
Other Contributors: 14
At a Glance
Jonathan Lord raised concerns about spaceflight operator liability bill - clause 2 - limit on operator’s liability under section 36 of the space industry act 2018 in the House of Commons. Other MPs contributed to the debate.
How the Debate Unfolded
MPs spoke in turn to share their views and ask questions. Here's what each person said:
Lead Contributor
Opened the debate
Mr. Lord proposes to amend section 12(2) of the Space Industry Act 2018, making it mandatory for spaceflight operator licences to specify a limit on the amount of an operator’s liability under section 36. This is to provide legal certainty and assurance to investors regarding regulatory improvements. He cites industry consultations and the Taskforce on Innovation, Growth and Regulatory Reform's recommendation. The Bill aims to support UK's growing space sector by providing clarity on operational liabilities.
Jonathan Lord
Con
Woking
Supports the amendment, stating it aligns with Government policy and enhances regulatory certainty for the UK’s space sector. Emphasises the economic benefits of the space industry to the UK economy.
Mark Garnier
Con
Wyre Forest
Mark Garnier, Chair of the all-party parliamentary group for space, supported the Bill as it aims to make the UK an even better place for operating space businesses and provides clarity on risk. He highlighted the importance of the space industry in increasing productivity and benefiting the wider economy. Garnier also suggested making a fiscal intervention similar to that which helped rebuild the UK film industry could benefit both the space sector and London's financial services.
Falmouth and Camborne
The MP supports the amendment, highlighting Cornwall’s leading role in the UK's space programme. She cites statistics such as over 150 businesses involved in the space industry, employing around 1,300 people and generating about £88 million in 2023. By 2030, she expects this number to grow to over 3,000 employees with a potential value of £1 billion. She emphasises the importance of satellites for marine protection areas, climate change monitoring, and innovative projects like drone tests and electric eco-launches.
Mark Garnier
Con
Wyre Forest
[INTERVENTION]: He reinforced the point made by Cherilyn Mackrory, stating that despite issues with Cosmic Girl, Newquay spaceport was a success. The intervention highlighted how SpaceX's Starship launch failure was seen as a technical success due to proper licensing and operational procedures.
Chris Clarkson
Lab
Preston North
Mr Clarkson supports the Bill, emphasising its potential to unlock new economic sectors and empower young people in his constituency. He mentions the opportunities for apprenticeships and work with companies like Airbus on satellite technology. The speaker highlights the importance of innovation and risk-taking, praising the simplicity and elegance of the legislation that encourages entrepreneurs without fear of complete failure.
Truro and Falmouth
[INTERVENTION] Mrs Mackrory agrees with Mr Clarkson's remarks on the importance of the defence sector in space activities. She notes that satellites are vulnerable to threats similar to maritime fleets, underscoring the strategic significance of being at the forefront of satellite and space technology.
Anthony Browne
Lab
Carshalton and Wallington
Emphasises that this is a commercial opportunity rather than a matter of national pride, highlights UK's thriving space sector with 150 companies in Cornwall alone. Supports the Bill for its regulatory clarity, which enhances investor confidence and insurance availability.
Mike Kane
Lab
Wythenshawe and Sale East
Calls for resignation during intervention but provides no formal arguments against the bill. His presence suggests general support despite the call.
Truro and Falmouth
Highlights Cornwall's space industry, including 150 companies and its importance for maritime and cyber-security sectors. Emphasises the need for regulatory certainty to attract investors.
Ruth Jones
Lab
Newport West
Reminds of Airbus' significance in Newport, crucial for tech jobs and cyber-security sectors. Supports the Bill for its positive impact on the local economy and job creation.
Mark Garnier
Con
Wyre Forest
Highlights innovative British companies' work in critical minerals extraction from lunar regolith, emphasising the importance of UK leadership in space exploration and development.
Chris Clarkson
Lab
Heywood and Middleton
Asks about the classification of space assets as critical national infrastructure, suggesting potential for significant future developments in space-based activities and infrastructure.
Jonathan Lord thanked MPs for their attendance and support, particularly highlighting speeches by his colleagues on how the space industry is positively impacting various sectors such as finance, insurance, legal services, and education. He urged the House to back the Bill for its potential to drive future growth in these areas.
Nigel Evans
Con
Crewe and Nantwich
While brief, Nigel Evans congratulated Jonathan Lord on his speech and implicitly supported the debate's outcome by acknowledging his efforts.
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