Parliamentary Search

Proceeding contribution from Lord Forsyth of Drumlean (Conservative) in the House of Lords on Tuesday, 20 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.

Banking Bill

I have listened carefully to the Minister’s argument for the clause—that it is needed for unforeseen circumstances which he cannot describe to the Committee. Given that his argument rests on the premise that something which he cannot describe might arise where these powers might be needed, how can he give a commitment in respect of the Bill? If his argument is founded on that principle, how can he selectively choose?

Secondary information

Type
Proceeding contribution
Reference
706 c1602 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Conditions of employment Contracts Compensation Codes of practice Company law Companies Directors Administration Assets Bank services Banks Delegated legislation Bank of England Finance Liability Financial institutions Insolvency Financial Services Authority Holding companies Foreign companies Private sector Pay Powers Workplace pensions Property transfer Public sector Partnerships Nationalisation Stocks and shares Taxation Treasury British Bankers' Association Financial Services Compensation Scheme National Loans Fund Statutory instruments Liquidation committees
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk