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Banking Bill

Perhaps I may raise a very small point on Amendment 82 and seek some enlightenment from the Minister. Amendment 82 would amend the clause to read that ““security interests”” means ““arrangements under which one person acquires by way of security an actual or contingent interest in the property of another””. The amendment seeks to introduce into the clause the phrase ““by way of security””. Does that mean by way of the exercise of security or does it mean, as I think it probably does, by way of the taking as security for a liability of an interest in the property? I am sure that the noble Lord will have no difficulty in putting me right on that.