Proceeding contribution from Lord Northbrook (Conservative) in the House of Lords on Monday, 15 March 2010. It occurred during Committee of the Whole House (HL) and Debate on bill on Financial Services Bill.
Financial Services Bill
One of the troubles with new Section 3A(2), to be inserted by Clause 5, is that it states: ""In considering that objective the Authority must have regard to"," three broad categories. However, it does not focus, as the amendment does, on what is important, which is the FSA’s understanding of the objective and how it will be achieved. That is why I support my noble friend’s amendment.
Secondary information
- Type
- Proceeding contribution
- Reference
- 718 c554
- Session
- 2009-10
- Chamber / Committee
- House of Lords chamber
- Subjects
- Disclosure of information Codes of practice Banks Bank of England Financial services Government assistance Financial Services Authority Financial markets Economic situation Loans Meetings Regulation Treasury Council for Financial Stability
- Legislation
- Financial Services Bill 2009-10
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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- 2024-04-21 20:30:42 +0100
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_631132
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