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Proceeding contribution from Baroness Noakes (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 thank the Minister for that comprehensive response. I tabled the amendments in this group to ask what constraints there might be. The Minister said that these onward supplementary transfers would be subject to the special resolution objectives. As a matter of interpretation, are the powers in Clause 26 onwards within the term ““stabilisation powers”” as used in Clause 4(2)?


Secondary information

Type
Proceeding contribution
Reference
706 c1308-9 
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