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Proceeding contribution from Lord Stewartby (Conservative) in the House of Lords on Wednesday, 14 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.


Banking Bill

I apologise to the Committee for being so dim but I cannot understand Amendment 43. Proposed new subsection (1B)(a) says that a provision, "““takes effect only if a specified event occurs or does not occur””—" in other words, whether it occurs or not. I do not understand that. It is bound to either occur or not occur, just as my dinner tonight was bound to occur or not occur. I think I have said enough.


Secondary information

Type
Proceeding contribution
Reference
706 c1299 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Contracts Codes of practice Accountability Directors Assets Bank services Banks Competition Delegated legislation Bank of England Employment Liability EU law Financial institutions Insolvency Private sector Protection Pay Public appointments Property transfer Public sector Parliamentary scrutiny Staff Nationalisation Shares Taxation Shareholders Treasury
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk