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Proceeding contribution from Lord Tyrie (Conservative) in the House of Commons on Monday, 25 January 2010. It occurred during Debate on bill on Financial Services Bill.

Financial Services Bill

Perhaps it is worth illustrating the confusion about the new structure, never mind the old one. When John Footman was asked whether anyone in particular had a lead role, he replied that the Bill""is an attempt to answer that question"." When Andrew Whittaker heard that, he said:""They treat each other as equals"," which I would have thought would make it difficult for anyone to have a lead role. Mr. Footman said:""it is an attempt to bring together bodies whose powers are different, but which interact with one another."" When I asked,""Do you think it is possible for somebody in a secondary role and somebody in the same committee in a lead role to have equal roles?"," John Footman replied:""I am confused about roles."––[Official Report, Financial Services Public Bill Committee, 8 December 2009; c. 38, Q95 and Q97-99.]"

Secondary information

Type
Proceeding contribution
Reference
504 c620-1 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
Contracts Devolved matters Consumers Debts Bank services Banks Competition Cheques Credit agreements Credit Credit unions Building societies Bank of England Direct selling Credit cards Fees and charges EU law Financial services Financial institutions Exemptions Financial Services Authority Interest rates Financial markets Low incomes Northern Ireland Protection Pay Loans Office of Fair Trading Pension funds Registration Regulation Shares Unfair practices Council for Financial Stability
Legislation
Financial Services Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk