Proceeding contribution from George Osborne (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
We are being repaid in sterling, so that answers the hon. Gentleman's first point. I have already dealt with the second point on a number of occasions, but I shall just point out that the effect would be exactly the same. Whether I brought to the House legislation or used the affirmative procedure, I would have to get the support of Members, so materially the impact would be exactly the same: the House of Commons would be able to stop such action taking place. I should stress that I have absolutely no intention of doing so at the moment, and there is protection.
Secondary information
- Type
- Proceeding contribution
- Reference
- 520 c941
- 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
Librarians' tools
- Timestamp
- 2023-12-15 14:30:54 +0000
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- http://data.parliament.uk/pimsdata/hansard/CONTRIBUTION_707821
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