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Proceeding contribution from John McDonnell (Labour) in the House of Commons on Wednesday, 23 January 2008. It occurred during Debate on bill on Sale of Student Loans Bill.


Sale of Student Loans Bill

I am grateful for the Minister's assurances, but I have to say that what he has suggested falls between two stools and does not give me satisfaction about the security of a Secretary of State's consent. If it did, it would offend against Treasury rules, so it would not be feasible for the Government to calculate on Treasury books. If the two other paragraphs in the clause are amended in the other place, they will not provide the same security, so they will equally fail to comply with Treasury rules. My hon. Friend the Member for Nottingham, South (Alan Simpson) has already mentioned Catch-22 and we are in a Catch-22 situation here.


Secondary information

Type
Proceeding contribution
Reference
470 c1571 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Cost effectiveness Debts Debt collection Graduates Private sector Personal income Privatisation Parliamentary scrutiny Loans Sales Repayments Students Student Loans Company Cost of living
Legislation
Sale of Student Loans Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk