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Proceeding contribution from Baroness Browning (Conservative) in the House of Commons on Thursday, 21 February 2008. It occurred during Debate on bill on Banking (Special Provisions) Bill.


Banking (Special Provisions) Bill

I too was present for the Third Reading debate. Can the hon. Gentleman explain this? The technical note states, under the heading ““Control of Granite””:"““The contractual structure of Granite is such that it is effectively controlled by Northern Rock as it continues to service the mortgages in Granite and to provide cash management and other administrative services.””"


Secondary information

Type
Proceeding contribution
Reference
472 c643 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Accountability Audit Assets Banks Competition Building societies Bank of England Freedom of information Liability Government assistance Office of Fair Trading Nationalisation Northern Rock Granite
Legislation
Banking (Special Provisions) Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk