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Proceeding contribution from Gordon Banks (Labour) in the House of Commons on Thursday, 19 March 2009. It occurred during Legislative debate on Legislative Reform.


Legislative Reform

I am sorry to stop the hon. Gentleman in flow, but his breakdown of the £600 does not work in practice, because it depends who is a secured creditor and who is an unsecured creditor. The £600 will go to the secured creditors. It will not end up in the hands of the unsecured creditors.


Secondary information

Type
Proceeding contribution
Reference
489 c1093 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Companies Advertising Costs Insolvency Internet Newspaper press Publicity Local press Legislative reform orders London Gazette
Legislation
Legislative Reform (Insolvency) (Advertising Requirements) Order 2009
Link
View this Proceeding contribution on www.publications.parliament.uk