Advanced Research and Invention Agency Bill returns to the Lords
10 February 2022
The Advanced Research and Invention Agency Bill completed all parliamentary stages and was granted Royal Assent on Thursday 24 February 2022. It is now an Act of Parliament (law).
The Advanced Research and Invention Agency Bill seeks to establish the Advanced Research and Invention Agency (ARIA) as a statutory corporation. ARIA is a new type of funding body for conducting, commissioning and supporting ambitious scientific research with a tolerance to failure.
Consideration of amendments
The bill was considered by the House of Lords between 2 November 2021 and 10 January 2022, before passing to the House of Commons.
The amendment would enable ARIA to make it a condition of financial business support that:
- the support is convertible into a business equity interest
- for 10 years afterwards, the business gains the consent of ARIA to transfer intellectual property rights abroad or to sell or transfer a controlling interest to another non-UK resident business.
The Commons reason for disagreement was accepted.
How to follow
- Read the text of the proposed change (PDF)
- Catch up on Parliament TV
- Read the Lords Hansard transcript.
Explore further information
Read background information on the bill in the House of Lords Library Advanced Research and Invention Agency Bill briefing.
What's happened so far?
Third reading: Monday 10 January
Third reading is the chance for members to ‘tidy up' a bill, making any small changes to ensure it is effective.
Members also discussed the progress of the bill through the House at the conclusion of Lords stages.
Report stage: Tuesday 14 December
The amendments cover a range of subjects, such as:
- including technological advances in the UK among the benefits ARIA should promote
- ensuring ARIA develops an environmental and social governance strategy
- subjecting ARIA to freedom of information requests.
The first vote was on amendment 1, which enables ARIA to make it a condition of financial support to a business that:
- it is convertible into a business equity interest
- for 10 years afterwards, the business gains the consent of ARIA to transfer intellectual property rights abroad or to sell/transfer a controlling interest to another non-UK resident business.
Members voted 166 in favour and 153 against, so the change was made.
Freedom of Information
The second vote was on amendment 6, which sought to make ARIA subject to Freedom of Information requests.
Members voted 126 in favour and 134 against, so the change was not made
Committee stage day two: Monday 22 November
Members put forward changes (PDF) (amendments) to the bill to be discussed on topics including subjecting ARIA to Freedom of Information requests and ensuring that ARIA supports obligations relating to the Climate Change Act 2008.
Committee stage day one: Wednesday 17 November
The amendments covered a range of subjects, including;
giving ARIA a core mission to support the achievement of net zero emissions in the UK
ensuring devolved administrations are represented on ARIA
establishing ARIA committees in specific UK regions.
Second reading: Tuesday 2 November
Members discussed the main issues in the bill during second reading. For example, developing, exploiting and sharing scientific knowledge and translating basic scientific research into more commercial technologies, as well as looking at grants and funding.
Lord Callanan (Conservative), Parliamentary Under-Secretary at the Department for Business, Energy and Industrial Strategy, opened the debate and responded on behalf of the government.
Members speaking in the debate included:
- Lord Borwick (Conservative), Director and Trustee, Royal Brompton and Harefield Charity and former member of the Lords Science and Technology Committee
- Lord Clement-Jones (Liberal Democrat), Senior Fellow, Atlantic Council’s GeoTech Center
- Lord Rees of Ludlow, (Crossbench), former President of the Royal Society and Astronomer Royal
- Viscount Stansgate (Labour), Trustee, Parliamentary Science and Technology Information Foundation.