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Proceeding contribution from Lord Blackwell (Conservative) in the House of Lords on Tuesday, 3 February 2009. It occurred during Debate on bill on Banking Bill.

Banking Bill

My Lords, in responding to these amendments, I wonder whether the Minister could clarify the relationship between any report from the Treasury, with or without this amendment, and the disclosure requirements likely to be on the board of the company which receives the assistance. I should have thought that any such assistance would be a market-sensitive fact which would normally have to be disclosed anyway, assuming it is a public listed company. How would any information which the Government put into the public domain relate to the obligations on the directors and the timing difference between those matters?

Secondary information

Type
Proceeding contribution
Reference
707 c595 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Disclosure of information Compensation Consumers Accountability Audit Assets Debts Bank services Banks Delegated legislation Advisory services Bank of England Finance Liability Financial institutions Insolvency Government assistance Financial Services Authority Holding companies Protection Payments Public interest Public sector Public expenditure Parliamentary scrutiny Loans Post offices Post Office Nationalisation Regulation Rural areas Treasury Financial Services Compensation Scheme National Loans Fund Financial Stability Committee Sunset clauses Retrospective legislation
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk