Skip to main content

Proceeding contribution from Lord Stoddart of Swindon (Independent Labour) in the House of Lords on Wednesday, 10 March 2010. It occurred during Committee of the Whole House (HL) and Debate on bill on Financial Services Bill.


Financial Services Bill

No, this is Committee stage; you can talk as many times as you like. The noble Lord should not delay the proceedings. I was going to remind the noble Lord, Lord Myners, that he is indeed privileged, as are the rest of us, in that, following dissolution, he will get a registered letter in the post containing his personal writ of summons, which I hope that he will be there to receive, open and, in due course, answer. However, I am still concerned about this question of wash-up. The Minister says that he has not heard the term before, but I have been around for a very long time and I had not heard it either until this afternoon—and I was a Whip in the other place. Apparently the parties are going to make decisions that then have to be agreed by both Houses of Parliament. I am concerned that both Houses will be stampeded into agreeing matters that should be properly considered over a period of time. That really concerns me, and it ought to concern the Committee as well.


Secondary information

Type
Proceeding contribution
Reference
718 c264-5 
Session
2009-10
Chamber / Committee
House of Lords chamber
Subjects
EU law Financial services Financial institutions Insolvency Financial markets Economic situation Property transfer Parliamentary scrutiny Staff Regulation USA
Legislation
Financial Services Bill 2009-10
Link
View this Proceeding contribution on www.publications.parliament.uk