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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 86 and 87 86: Clause 48, page 23, line 20, leave out ““includes,”” and insert ““are arrangements under which a number of claims or obligations can be converted into a net claim or obligation and include,”” 87: Clause 48, page 23, line 23, at end insert— ““or to be converted into a net debt, and (d) ““protected arrangements”” means security interests, title transfer collateral arrangements, set-off arrangements and netting arrangements.”” Amendments 86 and 87 agreed.

Secondary information

Type
Proceeding contribution
Reference
706 c1466-7 
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