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Proceeding contribution from Mark Hoban (Conservative) in the House of Commons on Wednesday, 15 December 2010. It occurred during Debate on bill and Committee of the Whole House (HC) on Loans to Ireland Bill.


Loans to Ireland Bill

I do not wish to pre-empt the remarks that my right hon. Friend the Chancellor of the Exchequer will make on Second Reading, but I can provide that assurance to my hon. Friend. The Bill is needed to provide statutory authority for the Treasury to pay out the funds involved. Any loan agreement is contingent on obtaining that necessary authority. In improving the overall package of financial assistance to Ireland, our international partners need to be sure that the UK will have the necessary legislation in place to allow it to fulfil its part.


Secondary information

Type
Proceeding contribution
Reference
520 c916 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Debts Banks Finance Financial services Government assistance Interest charges Economic situation Euro International Monetary Fund EU grants and loans Parliamentary scrutiny Loans Public finance Republic of Ireland Trade European Central Bank Statutory instruments
Legislation
Loans to Ireland Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk