Skip to main content

Proceeding contribution from Lembit Opik (Liberal Democrat) 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

What mechanism can the hon. Gentleman foresee that would enable the people determining whether to make such changes in the status of financial institutions to decide what the strategic decisions of the management were likely to be? The hon. Gentleman cannot blame the structure of the organisation for the decisions that were made; if it were a structural issue, why was only Northern Rock affected and not other similar organisations?


Secondary information

Type
Proceeding contribution
Reference
464 c1084 
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