Proceeding contribution from Lord Myners (Labour) in the House of Lords on Wednesday, 6 May 2009. It occurred during Debates on delegated legislation on Amendments to Law (Resolution of Dunfermline Building Society) Order 2009.
Amendments to Law (Resolution of Dunfermline Building Society) Order 2009
My Lords, the answer relates to the nature of the deposit account holders of a building society, the shareholders also effectively being unsecured depositors and subordinate to the preferred creditors and the pension fund in respect of having a deficit, counting as a preferred or senior creditor in that respect.
Secondary information
- Type
- Proceeding contribution
- Reference
- 710 c629
- Session
- 2008-09
- Chamber / Committee
- House of Lords chamber
- Subjects
- Banks Building societies Workplace pensions Pension Protection Fund Dunfermline Building Society Nationwide Building Society DBS Bridge Bank
- Legislation
- Amendments to Law (Resolution of Dunfermline Building Society) Order 2009
- Link
- View this Proceeding contribution on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2024-04-21 11:24:27 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_554493
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