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Proceeding contribution from John Butterfill (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

My hon. Friend knows very well that in such circumstances mischief-makers could claim to have locus standi, that the procedure for establishing that is complex and long, and that the issue would go to the Court of Referees. People interested in delaying things—for whatever reason; another commercial company might want to take the building society over, for example—could make mischief knowing that, although they would not succeed, they could delay the whole procedure.


Secondary information

Type
Proceeding contribution
Reference
464 c1085 
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