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Proceeding contribution from Lord Myners (Labour) in the House of Lords on Monday, 19 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.


Banking Bill

Amendments 82 to 84 82: Clause 48, page 23, line 15, after ““acquires”” insert ““, by way of security,”” 83: Clause 48, page 23, leave out lines 16 and 17 and insert— ““(aa) ““title transfer collateral arrangements”” are arrangements under which Person 1 transfers assets to Person 2 on terms providing for Person 2 to transfer those or other assets if specified obligations are discharged,”” 84: Clause 48, page 23, line 18, leave out ““or ““netting”””” Amendments 82 to 84 agreed. Amendment 85 not moved.


Secondary information

Type
Proceeding contribution
Reference
706 c1466 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Codes of practice Assets Bank services Banks Competition Delegated legislation Bank of England Capital Liability Financial services Financial institutions Insolvency Financial Services Authority Private sector Property transfer Public sector Mergers Nationalisation Scotland Small businesses Valuation Treasury
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk