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Proceeding contribution from William Cash (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 am extremely grateful. Did the right hon. Gentleman take legal advice on whether, as I said at the time, the use of the financial stability mechanism was an unlawful deal? Article 122 of the treaty on the functioning of the European Union deals with natural disasters, energy supplies and so on, and it has absolutely nothing to do with financial mistakes or misjudgments. Really, the whole thing should never have gone through, and he should have repudiated it on those grounds.


Secondary information

Type
Proceeding contribution
Reference
520 c955 
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