Proceeding contribution from Baroness Noakes (Conservative) 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

I will not delay the Committee further, because we have other business this evening. However, the Minister says that significant resources may have been put in by the Government but they may not. I have accepted subsection (3), which includes the financial assistance assumption, which seems perfectly reasonable to protect the interests of the taxpayer, but the Minister has not made a case for any other valuation principles being established. We will clearly need to revisit this again on Report but, in the mean time, I withdraw. Clause 57 agreed. House resumed. Clause 58: Resolution Fund Amendment 99 Moved by

Secondary information

Type: Proceeding contribution
Reference: 706 c1488
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

Banking Bill

Secondary information

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