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Proceeding contribution from Baroness Ussher (Labour) 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

No, I do not agree with that. I do not feel that it is a blank cheque. I genuinely feel that technical issues may arise if we choose to implement the Bill in a certain way. We have not decided how to implement it yet, and hon. Members of all parties and representative interest groups can respond to the consultation with arguments that include the question of hybridity if they would like to. When we finally put forward our proposals, we will do so through the affirmative resolution procedure, and those issues can be discussed in that forum. I genuinely believe that that is a sensible way to proceed; it is not a way to stifle debate.


Secondary information

Type
Proceeding contribution
Reference
464 c1096 
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