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Proceeding contribution from Philip Davies (Conservative) in the House of Commons on Friday, 19 October 2007. It occurred during Debate on bill on Building Societies (Funding) and Mutual Societies (Transfers) Bill.


Building Societies (Funding) and Mutual Societies (Transfers) Bill

I feel that I should leap to my hon. Friend's defence in the face of the onslaught from my hon. Friend the Member for Bournemouth, West (Sir John Butterfill). Does he agree that the analogy given by my hon. Friend the Member for Bournemouth, West is not completely accurate, because while the activities of such a mutual relating to customers and consumers will be regulated by the FSA, in the same way as those of any bank, the issue of membership rights is totally different, and does not apply in the case of Santander and Abbey?


Secondary information

Type
Proceeding contribution
Reference
464 c1078 
Session
2006-07
Chamber / Committee
House of Commons chamber
Subjects
Channel Islands Fees and charges Insurance companies Isle of Man Financial Services Authority Mergers Mutual societies Subsidiary companies European economic area
Legislation
Building Societies (Funding) and Mutual Societies (Transfers) Bill 2006-07
Financial Mutuals Arrangements Bill 2006-07
Link
View this Proceeding contribution on www.publications.parliament.uk