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Proceeding contribution from Baroness Noakes (Conservative) in the House of Lords on Monday, 26 January 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Banking Bill.

Banking Bill

Clause 228: UK financial stability Amendment 176 176: Clause 228, page 111, line 33, at end insert— ““(1A) The Treasury may by notice in writing to the Bank specify for the purposes of subsection (1) what the stability of the financial systems is to be taken to consist of. (1B) The Treasury shall issue a notice under subsection (1A) before the end of the period of 7 days beginning with the day on which the Banking Act 2008 comes into force and that notice shall remain in force until the Treasury issues another such notice. (1C) Where the Treasury gives notice under this section, they shall— (a) publish it in such manner as they think fit, and (b) lay a copy of it before Parliament.””

Secondary information

Type
Proceeding contribution
Reference
707 c109 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Codes of practice Audit Assets Debts Bank services Banks Delegated legislation Bank of England Bank notes Deposits Credit rating Housing Finance Fees and charges Liability EU law Investment Financial institutions Insolvency European communities Government assistance Financial Services Authority Financial markets Foreign companies Private sector Membership Public expenditure Property Parliamentary scrutiny Loans Post offices Monetary policy Statistics Regulation Stocks and shares Valuation Treasury Financial Services Compensation Scheme National Loans Fund Northern Rock Financial Stability Committee Sunset clauses
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk