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Proceeding contribution from Lord Stewartby (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

This code of practice is very important and is subject to substantial, or even complete, rewriting without any obvious input from consultation or Parliament. I hope that the Government will look again at this. Amendment 24 suggests that a positive resolution of each House of Parliament should be built into the Bill. If that is not done, the code, which governs in large measure how the Bill is going to be put into practice, will not get the scrutiny that it needs and deserves.


Secondary information

Type
Proceeding contribution
Reference
706 c1198 
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