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Proceeding contribution from Ian Pearson (Labour) in the House of Commons on Tuesday, 10 February 2009. It occurred during Debate on bill on Banking Bill.

Banking Bill (Money)

I am glad that the hon. Gentleman gives such a warm welcome to the amendments. He asked whether it is our understanding that the valuer now has sufficient powers with regard to a bank in temporary ownership to conduct the work that it is required to do. That will be the case if the amendments are passed. Of course, that is not to say that other requirements may not come to light where the legislation might not be as effective as desired, but it is appropriate to the needs that we can envisage at the moment. Lords amendment 89 agreed to. Lords amendments 90 to 97 agreed to.

Secondary information

Type
Proceeding contribution
Reference
487 c1342-3;487 c1340-1 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Disclosure of information Compensation Codes of practice Accountability Directors Administration Assets Bank services Banks Delegated legislation Bank of England Investment Financial institutions Insolvency Government assistance Financial Services Authority Holding companies Foreign companies Pay Pensions Payments Property transfer Public sector Parliamentary scrutiny Loans Nationalisation Treasury Valuation Northern Rock National Loans Fund Henry VIII clauses Retrospective legislation
Legislation
Banking Bill 2007-08 to 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk