---

Banking Bill

I told the Minister at the outset that I was probing the content of subsection (4), not challenging its position within the Bill. I said that I had accepted the case for the resolution fund. However, the Minister gave no new information whatsoever, other than falling back on that tired old reason, ““We don’t really know, so we are going to legislate for things that we might come across””. I shall think about what the Minister has said; it added little to what was said in the other place, and I feel we have taken this no further forward. I beg leave to withdraw. Amendment 99 withdrawn.