Proceeding contribution from Colin Breed (Liberal Democrat) in the House of Commons on Wednesday, 26 November 2008. It occurred during Debate on bill on Banking Bill.
Banking Bill
I broadly support the hon. Gentleman's view, but I have some reservations about the timing. However, we are not precluding a private sale if an institution has gone into a bridge bank or even if it has come under temporary ownership. If at a slightly later stage somebody comes out of the woodwork with a private sector solution, they will not be precluded from taking it forward. In other words, going through the other two processes does not mean that we have dismissed the first.
Secondary information
- Type
- Proceeding contribution
- Reference
- 483 c814
- Session
- 2007-08
- Chamber / Committee
- House of Commons chamber
- Subjects
- Disclosure of information Compensation Codes of practice Consumers Directors Assets Debts Bank services Banks Credit unions Building societies Capital Deposits Finance Liability Financial services Financial institutions Exemptions Insolvency Government assistance Financial Services Authority Private sector Protection Pay Property transfer Public sector Publicity Mutual societies Nationalisation Shares Treasury Henry VIII clauses Financial Services Compensation Scheme
- Legislation
- Banking Bill 2007-08 to 2008-09
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2023-12-16 02:05:38 +0000
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