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 ask the Minister: why would it not be appropriate to have a resolution that the fund ““shall”” require a bank, in managing a bridge bank and so on, to maximise the proceeds? Why is this permissive? The Minister is telling me that it just allows the bank to maximise proceeds, but I am asking why it is not required to maximise proceeds. That is what has not been answered.
Secondary information
- Type
- Proceeding contribution
- Reference
- 706 c1535
- 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
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- 2024-04-16 21:50:38 +0100
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