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Banking Bill

My Lords, we supported the amendment in Committee. As the noble Baroness has just said, the Minister stated that we should all be relieved that the relevant provision is referred to in the code. The problem is that the code is an obscure and amendable document. The Bill is neither obscure nor amendable in the same way. The amendment covers an extremely important point of great concern outside these walls. This is the kind of amendment, of which there are a number that we shall debate today, that could be incorporated in the Bill without impeding the Government’s ability to do what they want with the Bill in any way. However, it would reassure people about how the Bill will operate. The Government should be thinking about a package of amendments, of which this is the first, that they could put into the Bill to reassure people. I hope that the Minister will show his spirit of generosity, starting by accepting the amendment.