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Proceeding contribution from Lord Mackay of Clashfern (Conservative) in the House of Lords on Tuesday, 13 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.


Banking Bill

At an earlier stage, the Minister distinguished between presentation and substance. Judging from what we have heard so far, this word looks like presentation rather than substance. I should be interested if the noble Lord, Lord Eatwell, could elaborate a little on what he said about the way in which the Government might be held to the arrangement that was said to be temporary. How do you hold the Government to a temporary arrangement when you cannot say with any degree of precision what ““temporary”” means?


Secondary information

Type
Proceeding contribution
Reference
706 c1138 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Codes of practice Accountability Administration Assets Bank services Banks Credit unions Building societies Bank of England Deposits Financial institutions Insolvency Legislation Government assistance Financial Services Authority Financial markets Foreign companies Protection Public sector Public expenditure Nationalisation Terrorism Regulation Shareholders Treasury Financial Services Compensation Scheme Northern Rock Freezing of assets
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk