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Proceeding contribution from Baroness Noakes (Conservative) in the House of Lords on Monday, 2 February 2009. It occurred during Debate on bill on Banking Bill.

Banking Bill

Amendment 6 6: After Clause 4, insert the following new Clause— ““Transparency: general (1) Whenever the special resolution regime is used, the relevant authorities will ensure that they make public full and transparent information on a timely basis about their actions and the consequences or likely consequences of their actions. (2) If the relevant authorities think it necessary on public interest grounds, they may delay making information public under subsection (1).””

Secondary information

Type
Proceeding contribution
Reference
707 c496 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Codes of practice Consumers Accountability Directors Assets Bank services Banks Competition Delegated legislation Advisory services Building societies Bank of England Finance Human rights EU law Financial institutions Insolvency Government assistance Financial Services Authority Private sector Protection Pay Public appointments Pensions Public interest Property transfer Mergers Parliamentary scrutiny Pension funds Pension rights Nationalisation Regulation Shares Valuation Taxation Shareholders Treasury UK Financial Investments Financial Services Compensation Scheme Northern Rock Bradford and Bingley Hampton, Philip
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk