On January 28th 2016 the House of Lords debated and passed the Church of England Diocesan Stipends Funds (Amendment) Measure. The Bishop of Durham, Rt Revd Paul Butler, led the short debate and a transcript is below:
Moved by The Lord Bishop of Durham
That this House do direct that, in accordance with the Church of England Assembly (Powers) Act 1919, the Diocesan Stipends Funds (Amendment) Measure be presented to Her Majesty for the Royal Assent.
The Lord Bishop of Durham: My Lords, this is a very short and technical draft measure. It amends the Diocesan Stipends Funds Measure 1953 to ensure that diocesan boards of finance have the same powers to make decisions about the balance of investments in the diocesan stipends fund that they have in relation to their other charitable property. Continue reading “Lords approves Diocesan Stipends Funds (Amendment) Measure”