How to get a peerage the Labour way - stand against them?

Scotland Yard is examining claims that Labour offered the late Independent MP Peter Law a peerage if he refused to stand at the last election. Both Law's widow Trish and John Marek, another former Labour Assembly Member who went independent, have stated that Law told them he had been offered a seat in the Lords if he chose not to stand in Blaenau Gwent. One wonders if there's any end to the peerage scandals.

As Iain Dale points out this could be a criminal offence:

Just a reminder that such an offer would be illegal under the Honours (Prevention of Abuses) Act 1925, which says: "If any person accepts, obtains or agrees to accept or obtain from any person, for himself or for any other person, or for any purpose, any gift, money or valuable consideration as an inducement or reward for procuring or assisting or endeavouring to procure the grant of a dignity or title of honour to any person or otherwise in connection with such a grant, he shall be guilty of a misdemeanour."

So maybe someone in Not So Very New Labour will end up with some convictions at last!