Overview

This bill amends the Scrap Metal Dealers Act 1964. It proposes to review and potentially replace the existing scrap metal dealer registration system with a new registration and licensing scheme, and it introduces restrictions on cash payments for scrap metal.

Description

The bill's key aspects are:

• Review of Registration: The Secretary of State will consult with relevant organizations on the effectiveness of the current registration system for scrap metal dealers (as outlined in Section 1 of the 1964 Act). The results of this consultation will be presented to Parliament. Based on the consultation, the Secretary of State may create a new registration and licensing scheme by order. This order requires parliamentary approval.
• Payment Restrictions: The bill amends the 1964 Act to require scrap metal dealers to record the method of payment received for scrap metal. It also makes it an offense, punishable by a fine, for dealers to accept or make cash payments.
• Geographic Scope: The bill applies only to England and Wales.

Government Spending

The bill doesn't directly specify government spending figures. However, the establishment of a new licensing scheme may involve administrative costs for the government in setting up and managing the new system. Conversely, there is the potential for increased revenue through licensing fees.

Groups Affected

The bill directly affects:

• Scrap Metal Dealers: They will face stricter regulations, including potentially new licensing requirements and restrictions on cash transactions. This could increase their administrative burden and potentially limit their business operations.
• Law Enforcement: Law enforcement agencies will be involved in the enforcement of the new regulations and the investigation of any breaches.
• Organizations involved in scrap metal recycling: These organizations will likely be involved in consultation and impacted by any changes to the regulation of the scrap metal industry.

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