Proceeding contribution from Lord Goodhart (Liberal Democrat) in the House of Lords on Wednesday, 7 June 2006. It occurred during Debate on bill on Electoral Administration Bill.
Electoral Administration Bill
My Lords, I seek clarification on this. I quite understand that it is impossible to predict the value of a capitalisation requirement, but will loans with a capitalisation clause have to be disclosed once the combined value of the original loan plus the capitalisation add up to more than £5,000? That would seem to be the logical conclusion, but I am not sure from the wording that that would be the result. That causes me some concern because, if that is the case, there would be a serious loophole here.
Secondary information
- Type
- Proceeding contribution
- Reference
- 682 c1303
- Session
- 2005-06
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disclosure of information Accountability Armed forces Candidates Absent voting Campaigns Fraud Finance Elections Electorate Liability Donors Electoral register Pilot schemes Political parties Loans Proof of identity Negligence Registration
- Legislation
- Electoral Administration Bill 2005-06
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- Timestamp
- 2024-04-21 22:00:36 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_327838
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