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Proceeding contribution from Lord Davies of Oldham (Labour) in the House of Lords on Monday, 9 February 2009. It occurred during Debate on bill on Banking Bill.


Banking Bill

Clause 103: General powers, duties and effect Amendment 25 25: Clause 103, page 60, line 38, in column 3 insert— ““Anything done by the bank in connection with the exercise of a stabilisation power under Part 1 of this Act is not a gratuitous alienation for the purpose of section 242 or any other rule of law.””


Secondary information

Type
Proceeding contribution
Reference
707 c974 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Contracts Compensation Consumers Assets Bank services Banks Delegated legislation Bank of England Deposits Finance Investment Financial institutions Insolvency Financial Services Authority Financial markets Protection Public interest Property transfer Scotland Treasury Financial Services Compensation Scheme Retrospective legislation
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk