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Debate on bill on Tuesday, 3 February 2009, in the House of Lords.


Banking Bill

Banking Bill. Lords Report stage second day. Bill, as amended, ordered to be printed. (HL Bill 21 2008-09).


Secondary information

Type
Parliamentary proceeding
Reference
707 c556-621,633-62 
Session
2008-09
Department
Treasury
Legislative stage
Report stage
Procedure
Government defeats
New clauses
Chamber / Committee
House of Lords chamber
Related items
Banking Bill. As amended on Report.
Tuesday, 3 February 2009
Bills
House of Lords
Banking Bill. As amended in Committee.
Monday, 26 January 2009
Bills
House of Lords
Proceeding contributions
Lord Hoyle | 707 c648 (Link to this contribution) Amendment 109 109: After Clause 253, insert the following new Clause— ““Banking in post offices The...
Lord Wedderburn of Charlton | 707 c649-50 (Link to this contribution) My Lords, as usual my noble friend makes a powerful case for something that would bring benefits to ...
Show all contributions (173)
Lord Oakeshott of Seagrove Bay | 707 c650-1 (Link to this contribution) My Lords, the noble Lord is quite right that he went on to say that. What I objected to was the fact...
Lord Myners | 707 c650 (Link to this contribution) My Lords, I thank the noble Lord, Lord Oakeshott, for giving way. What I said—and I chose my words v...
Lord Hoyle | 707 c652 (Link to this contribution) My Lords, I was very interested in the positive reply given by my noble friend. He was endorsing wha...
Lord Davies of Oldham | 707 c651-2 (Link to this contribution) My Lords, I am grateful to noble Lords who have spoken, and I am particularly pleased that my noble ...
Lord Newby | 707 c648 (Link to this contribution) My Lords, I am grateful to the Minister for that reply. My concern is not simply that the matter be ...
Lord Howard of Rising | 707 c652-3 (Link to this contribution) Amendment 110 110: Before Clause 254, insert the following new Clause— ““Review of Act (1) The Trea...
Baroness Noakes | 707 c658 (Link to this contribution) My Lords, we now reach the final substantive amendment that we have to consider today on Report, for...
Baroness Noakes | 707 c658 (Link to this contribution) Amendment 116 116: Clause 256, page 131, line 15, leave out subsections (4) and (5)
Lord Myners | 707 c657 (Link to this contribution) Clause 256: Statutory instruments Amendments 114 and 115 114: Clause 256, page 129, line 28, leave...
Baroness Noakes | 707 c657 (Link to this contribution) My Lords, I thank the Minister for setting that out. The crux of the issue is whether this ever need...
Baroness Noakes | 707 c655-6 (Link to this contribution) My Lords, in view of the lateness of the hour on our final day in Committee, I did not move an amend...
Baroness Noakes | 707 c655 (Link to this contribution) Clause 254: "Financial Assistance" Amendment 111 111: Clause 254, page 128, line 39, leave out par...
Lord Howard of Rising | 707 c655 (Link to this contribution) My Lords, I thank the Minister for his remarks. He picked on specific areas. A general review of the...
Lord Davies of Oldham | 707 c654-5 (Link to this contribution) My Lords, I do not come to the same conclusion as the noble Lord but I certainly follow him in terms...
Lord Howard of Rising | 707 c653-4 (Link to this contribution) My Lords, Amendment 110 repeats the amendment that my noble friend Lady Noakes moved in Committee. T...
Lord Davies of Oldham | 707 c660 (Link to this contribution) My Lords, that work is ongoing and I do not have a figure that I can put in front of the noble Baron...
Baroness Noakes | 707 c660 (Link to this contribution) My Lords, subsection (5) mentions 15 statutory instruments or potential statutory instruments. How m...
Baroness Noakes | 707 c661-2 (Link to this contribution) My Lords, I thank the Minister for that response. I also thank him for saying that we have been co-o...
Lord Davies of Oldham | 707 c658 (Link to this contribution) My Lords, the noble Baroness has given me the minor task of surveying the Bill and identifying the v...
Lord Davies of Oldham | 707 c659-60 (Link to this contribution) My Lords, that is so. But the noble Baroness asked how this fits in in relation to the expiry powers...
Baroness Noakes | 707 c659 (Link to this contribution) My Lords, I do not want the Minister to get carried away with this amendment. Subsections (4) and (5...
Lord Newby | 707 c644 (Link to this contribution) Amendment 108 108: After Clause 253, insert the following new Clause— ““Report on investment bankin...
Lord Myners | 707 c644 (Link to this contribution) Clause 253: Supplemental Amendment 107 107: Clause 253, page 128, line 27, at end insert ““(in new...
Lord Northbrook | 707 c645-6 (Link to this contribution) My Lords, this is an interesting amendment. Bringing up the issue of whether the Glass-Steagall Act ...
Lord Newby | 707 c644-5 (Link to this contribution) My Lords, this is a revised version of the amendment that we debated in Committee. It would require ...
Lord Oakeshott of Seagrove Bay | 707 c646 (Link to this contribution) My Lords, I am sorry the noble Baroness feels that a report examining the case ““for”” prejudges the...
Baroness Noakes | 707 c646 (Link to this contribution) My Lords, the noble Lord, Lord Newby, raises one of the issues that will not go away and has to be e...
Lord Myners | 707 c646-8 (Link to this contribution) My Lords, in Committee the noble Lord, Lord Newby, eloquently articulated the arguments both for and...
Lord Lyell of Markyate | 707 c578-9 (Link to this contribution) My Lords, I am a little disappointed that the Minister has once again waved his shroud. Every time a...
Lord Davies of Oldham | 707 c579 (Link to this contribution) My Lords, of course we recognise that there are anxieties over Clause 75. I already indicated, with ...
Lord Newby | 707 c580 (Link to this contribution) My Lords, my reason for moving this amendment was to ensure that the Government could not repeatedly...
Lord Myners | 707 c580 (Link to this contribution) Amendment 59 59: Clause 75, page 40, line 7, at end insert ““(in new terms).”” Amendment 59 agreed...
Lord Lyell of Markyate | 707 c579 (Link to this contribution) My Lords, the Minister has said that debate on this aspect can continue at Third Reading, on the und...
Lord Newby | 707 c580 (Link to this contribution) Amendment 58 58: Clause 75, page 40, line 6, leave out paragraph (d)
Baroness Noakes | 707 c580-1 (Link to this contribution) My Lords, Amendment 64 would add an extra condition to the use of the bank holding company nationali...
Lord Myners | 707 c581-2 (Link to this contribution) My Lords, I hope to still the alarm bells and replace them with melodious chimes. The amendment prop...
Lord Myners | 707 c580 (Link to this contribution) Amendment 60 60: After Clause 80, insert the following new Clause— ““Temporary public ownership: re...
Baroness Noakes | 707 c580 (Link to this contribution) Clause 81: Temporary public ownership Amendment 64 64: Clause 81, page 42, line 13, at end insert—...
Baroness Noakes | 707 c591-2 (Link to this contribution) My Lords, Amendment 75 amends Clause 227 by placing a two-year sunset provision on the powers in sub...
Baroness Noakes | 707 c591 (Link to this contribution) Clause 227: Consolidated Fund Amendment 75 75: Clause 227, page 115, line 15, at end insert— ““( )...
Lord Myners | 707 c589-90 (Link to this contribution) My Lords, I shall speak also to government Amendment No. 73. I shall, of course, also comment on oth...
Lord Myners | 707 c588-9 (Link to this contribution) Clause 197: Penalty Amendment 70 70: Clause 197, page 104, line 10, at end insert— ““(3) The Bank ...
Lord Davies of Oldham | 707 c590-1 (Link to this contribution) Amendment 73 73: Clause 221, page 113, line 16, at end insert— ““(3) Banknote regulations must esta...
Baroness Noakes | 707 c590 (Link to this contribution) My Lords, I thank the Minister for tabling Amendments 70 and 73, which deal with the matters covered...
Lord Davies of Oldham | 707 c587-8 (Link to this contribution) My Lords, I move this government amendment in the name of my noble friend and will speak also to Ame...
Lord Davies of Oldham | 707 c587 (Link to this contribution) Clause 190: Directions Amendment 68 68: Clause 190, page 101, line 37, at end insert— ““(3) Before...
Lord Davies of Oldham | 707 c588 (Link to this contribution) My Lords, I am overwhelmed but not surprised by that graciousness. Amendment 68 agreed. Amendment ...
Baroness Noakes | 707 c588 (Link to this contribution) My Lords, as I said at the beginning of Report, we tabled a number of amendments before the Governme...
Baroness Noakes | 707 c586-7 (Link to this contribution) My Lords, I am touched by the Minister’s faith in the FSA’s ability to deliver. The Minister referre...
Lord Myners | 707 c585-6 (Link to this contribution) My Lords, the purpose of Part 4 is to make a number of changes to Part 15 of the Financial Services ...
Baroness Noakes | 707 c584-5 (Link to this contribution) My Lords, this amendment would introduce a new clause after Clause 168. It is the same amendment tha...
Baroness Noakes | 707 c584 (Link to this contribution) Amendment 67 67: After Clause 168, insert the following new Clause— ““Compensation limits After sec...
Lord Myners | 707 c584 (Link to this contribution) Clause 82: Supplemental Amendment 66 66: Clause 82, page 42, line 21, at end insert— ““( ) section...
Baroness Noakes | 707 c583 (Link to this contribution) My Lords, I am grateful to the Minister for setting that out for the record. I am sure he is right a...
Baroness Noakes | 707 c582-3 (Link to this contribution) My Lords, Amendment 65 would add a new clause after Clause 81. This picks up from an issue that we d...
Baroness Noakes | 707 c582 (Link to this contribution) Amendment 65 65: After Clause 81, insert the following new Clause— ““Holding companies: objectives ...
Baroness Noakes | 707 c582 (Link to this contribution) My Lords, I thank the Minister for setting that out. I am not entirely clear that the Treasury, whic...
Lord Newby | 707 c600 (Link to this contribution) My Lords, I support the noble Lords who have spoken in favour of this amendment. One of the problems...
Lord Turnbull | 707 c599-600 (Link to this contribution) My Lords, the noble Baroness, Lady Noakes, has justified this amendment, the primary purpose being t...
Lord Davies of Oldham | 707 c601-2 (Link to this contribution) My Lords, I am happy to say that it is not my amendment, so someone else must address it. Just for o...
Viscount Eccles | 707 c600 (Link to this contribution) My Lords, in my copy of the amendments, subsection (1)(b) states, "““loans made under section 226;””...
Baroness Noakes | 707 c597 (Link to this contribution) My Lords, these are difficult issues. Obviously, there is a great desire for transparency and public...
Lord Myners | 707 c595-7 (Link to this contribution) My Lords, the purpose of Clause 227 is to give statutory cover for public expenditure in support of ...
Lord Davies of Oldham | 707 c597-8 (Link to this contribution) My Lords, the amendment concerns transparency in payments from the National Loans Fund. Transparency...
Lord Davies of Oldham | 707 c597 (Link to this contribution) Clause 228: National Loans Fund Amendment 80 80: Clause 228, page 115, line 43, at end insert— ““(...
Baroness Noakes | 707 c599 (Link to this contribution) My Lords, Amendment 81, in my name and that of my the noble Lord, Lord Turnbull, introduces a new cl...
Baroness Noakes | 707 c598-9 (Link to this contribution) Amendment 81 81: After Clause 228, insert the following new Clause— ““Transparency: financial assis...
Lord Turnbull | 707 c595 (Link to this contribution) My Lords, there is a general principle about which I am unclear. We seem to be in a position where t...
Baroness Noakes | 707 c594-5 (Link to this contribution) My Lords, I shall speak also to Amendment 78. The two amendments amend Clause 227(6) and (7) which w...
Baroness Noakes | 707 c594 (Link to this contribution) Amendment 76 76: Clause 227, page 115, line 27, leave out from first ““paid”” to end
Baroness Noakes | 707 c594 (Link to this contribution) My Lords, the Government have demonstrated that they are going to use these extraordinary times as c...
Lord Blackwell | 707 c595 (Link to this contribution) My Lords, in responding to these amendments, I wonder whether the Minister could clarify the relatio...
Lord Newby | 707 c592 (Link to this contribution) My Lords, we tabled an amendment in Committee for a sunset clause for the whole Bill. It did not fin...
Lord Myners | 707 c594 (Link to this contribution) My Lords, the legislation simply provides spending authority, which is routine. For the avoidance of...
Baroness Ford | 707 c593 (Link to this contribution) My Lords, before the Minister sits down, will he clarify things that he has said that have left me p...
Lord Myners | 707 c592-3 (Link to this contribution) My Lords, the purpose of Clause 227 is to provide statutory cover for expenditure incurred under Par...
Lord Stewartby | 707 c592 (Link to this contribution) My Lords, it is indeed a sunset clause, albeit of a limited kind, which I think is needed in a case ...
Lord Turnbull | 707 c611-2 (Link to this contribution) My Lords, the other issue that I would have raised on what was Clause 228, now Clause 235, was wheth...
Lord Northbrook | 707 c612 (Link to this contribution) My Lords, I support the noble Lord, Lord Eatwell, and his amendments to strengthen the Financial Sta...
Lord Newby | 707 c612-3 (Link to this contribution) My Lords, I supported these amendments and the noble Lord, Lord Eatwell, in Committee and I certainl...
Lord Stewartby | 707 c613 (Link to this contribution) My Lords, I add my voice to the sceptical comments from all parts of the House. When I first went th...
Baroness Noakes | 707 c609 (Link to this contribution) My Lords, I thank the Minister for that explanation and, indeed, for tabling his amendment. I contin...
Lord Myners | 707 c609 (Link to this contribution) Amendment 86 86: Clause 235, page 119, line 22, at end insert— ““(1A) In pursuing the Financial Sta...
Lord Eatwell | 707 c609-11 (Link to this contribution) My Lords, there is a slight oddity in the grouping in that we are going to have the same debate all ...
Baroness Noakes | 707 c613 (Link to this contribution) My Lords, I have argued throughout that the Bill does not reflect the tripartite authorities and how...
Lord Myners | 707 c614 (Link to this contribution) My Lords, I am grateful to my noble friend Lord Eatwell for putting before the House a considered se...
Lord Myners | 707 c606 (Link to this contribution) I beg leave to withdraw the amendment. Amendment 82 withdrawn. Amendment 83 not moved. Clause 233...
Baroness Noakes | 707 c606 (Link to this contribution) Clause 235: UK financial stability Amendment 85 85: Clause 235, page 119, line 20, after ““be”” in...
Baroness Noakes | 707 c606 (Link to this contribution) My Lords, I am grateful to the Minister for that statement and I look forward to further discussions...
Lord Myners | 707 c605 (Link to this contribution) Clause 230: Definition Amendment 82 82: Clause 230, page 116, line 25, leave out paragraph (a) and...
Lord Myners | 707 c606 (Link to this contribution) My Lords, as I said yesterday, there are a number of areas in relation to this Bill where further co...
Baroness Noakes | 707 c602-3 (Link to this contribution) My Lords, I thank all noble Lords who have spoken. I agree with the noble Lord, Lord Turnbull, that ...
Lord Myners | 707 c608-9 (Link to this contribution) My Lords, I assure the House that I have taken seriously the concerns expressed last week by several...
Baroness Noakes | 707 c606-7 (Link to this contribution) My Lords, when the noble Lord, Lord Turnbull, and I reflected on the somewhat unsatisfactory debates...
Lord Turnbull | 707 c607-8 (Link to this contribution) My Lords, I regret that I was unable to attend the latter part of the Committee stage, when what is ...
Lord Myners | 707 c636-9 (Link to this contribution) My Lords, this amendment, similar to the one that the noble Baroness moved in Committee, would creat...
Baroness Noakes | 707 c639 (Link to this contribution) My Lords, I am disappointed by the Minister’s response, which I could characterise as the not-invent...
Baroness Noakes | 707 c639-40 (Link to this contribution) Clause 242: Weekly return Amendment 104 104: Clause 242, page 122, line 31, leave out ““shall ceas...
Baroness Noakes | 707 c640 (Link to this contribution) My Lords, Clause 242 completely removes the requirement placed on the Bank of England to publish a w...
Lord Myners | 707 c640-2 (Link to this contribution) My Lords, Clause 242 removes a requirement laid out in the Bank Charter Act 1844, which stipulates t...
Viscount Eccles | 707 c642 (Link to this contribution) My Lords, I should like to make a short intervention. I think that the antithesis between transparen...
Baroness Noakes | 707 c642-3 (Link to this contribution) My Lords, I thank the Minister for his comprehensive reply and my noble friend Lord Eccles for his c...
Baroness Noakes | 707 c643 (Link to this contribution) Clause 245: Variation of permission Amendment 105 105: Clause 245, leave out Clause 245
Baroness Noakes | 707 c643 (Link to this contribution) My Lords, my Whip was yelling in my ear and I was momentarily distracted, so I apologise. I should s...
Lord Davies of Oldham | 707 c643-4 (Link to this contribution) My Lords, I am not surprised that the noble Baroness has probed this clause, because it is technical...
Lord Myners | 707 c633 (Link to this contribution) Clause 235: UK financial stability Amendment 99 99: Clause 235, page 120, line 20, after ““interes...
Lord Myners | 707 c633-4 (Link to this contribution) My Lords, in Committee, the noble Baroness made several eminently sensible probing observations on t...
Lord Myners | 707 c614-20 (Link to this contribution) My Lords, I return to the debate. A question put by the noble Lord, Lord Higgins, goes to the heart ...
Lord Eatwell | 707 c620-1 (Link to this contribution) My Lords, I am grateful to noble Lords who took part in this—I was going to say ““short”” debate, bu...
Lord Myners | 707 c634 (Link to this contribution) Amendment 100 100: Clause 235, page 120, line 21, leave out ““with the Bank”” Amendment 100 agreed...
Lord Myners | 707 c634 (Link to this contribution) Amendment 102 102: Clause 235, page 120, leave out lines 29 to 32 Amendment 102 agreed.
Baroness Noakes | 707 c634 (Link to this contribution) My Lords, I thank the Minister for listening and for acting. Amendment 99 agreed.
Baroness Fookes | 707 c634 (Link to this contribution) My Lords, if Amendment 100 is agreed, I cannot call Amendment 101 by reason of pre-emption.
Viscount Eccles | 707 c636 (Link to this contribution) My Lords, I support my noble friend’s amendment. We live—is it supposedly?—in a sophisticated democr...
Baroness Noakes | 707 c635-6 (Link to this contribution) My Lords, the amendment adds a new clause after Clause 235. This new clause creates a new mechanism ...
Lord Davies of Oldham | 707 c578 (Link to this contribution) My Lords, the reason for the new order would be unfinished business. If the matter had been conclude...
Lord Mackay of Clashfern | 707 c578 (Link to this contribution) My Lords, could the noble Lord explain further how this would work? If the first order is fully impl...
Lord Davies of Oldham | 707 c577 (Link to this contribution) No, my Lords, but the order will be ““in new terms””, as I have expressed from the Dispatch Box in r...
Lord Howard of Rising | 707 c577 (Link to this contribution) My Lords, will the Minister include the word ““material””, which he has just mentioned but which is ...
Lord Davies of Oldham | 707 c578 (Link to this contribution) My Lords, the whole point about the restrictive time with regard to the order is to give the opportu...
Lord Newby | 707 c578 (Link to this contribution) My Lords, on a point of clarification, could the noble Lord confirm what I think I heard him say, wh...
Baroness Noakes | 707 c570 (Link to this contribution) My Lords, I took it from the Minister’s comments that, because of the seriousness of the matter, he ...
Lord Davies of Oldham | 707 c570 (Link to this contribution) My Lords, I am sure that that was the basis on which the noble Lord said that he intends to withdraw...
Lord Goodlad | 707 c570 (Link to this contribution) My Lords, other noble Lords, including the noble and learned Lord, Lord Woolf, are members of the co...
Lord Davies of Oldham | 707 c569 (Link to this contribution) My Lords, I am grateful to the noble Lord for seeking to be constructive but I have illustrated the ...
Lord Elystan-Morgan | 707 c568 (Link to this contribution) My Lords, I apologise. This is a matter of the utmost concern. I beg the Minister to consider—I am u...
Lord Davies of Oldham | 707 c569 (Link to this contribution) My Lords, of course I accept that point, but the noble and learned Lord will also accept that it is ...
Lord Lyell of Markyate | 707 c569 (Link to this contribution) My Lords, the Minister referred to the draftsman of the Bill as the current editor of Craies, but th...
Lord Howard of Rising | 707 c569 (Link to this contribution) My Lords, I thank the Minister for his kind remarks and I am glad that we are converging in our view...
Viscount Bledisloe | 707 c570 (Link to this contribution) My Lords, has the noble Lord considered whether it would be in order to bring this matter back at Th...
Lord Goodlad | 707 c569-70 (Link to this contribution) My Lords, I am most grateful to the Minister for his reply on this group. Like the noble and learned...
Viscount Eccles | 707 c575 (Link to this contribution) My Lords, I am sorry to intervene again; I probably did not make myself clear. Even if Parliament wa...
Lord Davies of Oldham | 707 c575-7 (Link to this contribution) My Lords, that is certainly so. I hear the noble Lord, Lord Baker, saying from a sedentary position ...
Viscount Eccles | 707 c574 (Link to this contribution) My Lords, would the situation be any different if Parliament were sitting?
Lord Davies of Oldham | 707 c574-5 (Link to this contribution) My Lords, there is an extra drama to the recall of Parliament. After all, it means Parliament comes ...
Lord Stewartby | 707 c571-2 (Link to this contribution) My Lords, subsection (8) is drafted in a slightly odd way. It appears to mean that when the order is...
Lord Brabazon of Tara | 707 c571 (Link to this contribution) My Lords, I have to point out that if this amendment is agreed to, I cannot call Amendments 57 to 59...
Lord Lyell of Markyate | 707 c570-1 (Link to this contribution) My Lords, this amendment conveniently follows the previous group. It proposes leaving out subsection...
Lord Lyell of Markyate | 707 c570 (Link to this contribution) Amendment 56 56: Clause 75, page 39, line 39, leave out subsection (8)
Lord Davies of Oldham | 707 c573-4 (Link to this contribution) My Lords, I hope I will be briefer in dealing with these amendments than I was with the substantial ...
Viscount Eccles | 707 c573 (Link to this contribution) My Lords, Bradford & Bingley is not a good precedent; I shall try to explain why that is my view. Fi...
Lord Newby | 707 c572-3 (Link to this contribution) My Lords, I am not an expert on procedure in your Lordships' House, but my understanding is that the...
Lord Davies of Oldham | 707 c567-8 (Link to this contribution) My Lords, I cannot. However, aspects of this legislation and the special resolution powers, and the ...
Lord Davies of Oldham | 707 c560-3 (Link to this contribution) My Lords, I am sorry to disappoint the noble and learned Lord, Lord Lyell, as I am replying to this ...
Lord Lyell of Markyate | 707 c563 (Link to this contribution) My Lords, I am most grateful to the Minister for giving those three examples, but they are all examp...
Lord Davies of Oldham | 707 c563-7 (Link to this contribution) My Lords, I intend to do that. It is an important point and I will not sit down without addressing m...
Viscount Bledisloe | 707 c567 (Link to this contribution) My Lords, is the Minister not rather overlooking the point that subsection (3) says: "““may make pro...
Lord Davies of Oldham | 707 c567 (Link to this contribution) My Lords, we are concerned about the possibility of litigation that might occur subsequent to the po...
Lord Morris of Aberavon | 707 c567 (Link to this contribution) My Lords, I am sure that my noble friend appreciates how thin his explanation is for the need for ““...
Lord Morris of Aberavon | 707 c567 (Link to this contribution) My Lords, as I cannot speak again on this amendment, will the Minister give us one example of where ...
Lord Williams of Elvel | 707 c568 (Link to this contribution) My Lords, I am sorry to intervene but we are on Report and the rules are clear, brief questions may ...
Lord Elystan-Morgan | 707 c568 (Link to this contribution) My Lords, following a most comprehensive reply to all the points that have been raised, may I invite...
Lord Barnett | 707 c558-9 (Link to this contribution) My Lords, I very much agree with all that my noble and learned friend Lord Morris of Aberavon and th...
Lord Lyell of Markyate | 707 c559-60 (Link to this contribution) My Lords, my name is on the Marshalled List and I strongly support what my noble friend Lord Goodlad...
Lord Howard of Rising | 707 c556 (Link to this contribution) Clause 75: Power to change law Amendment 54 54: Clause 75, page 39, line 20, leave out subsection ...
Lord Goodlad | 707 c557-8 (Link to this contribution) My Lords, Amendment 55 stands in my name and the names of the noble and learned Lord, Lord Morris of...
Lord Morris of Aberavon | 707 c558 (Link to this contribution) My Lords, as a member of the Constitution Committee, I support the noble Lord, Lord Goodlad. I seek ...
Lord Howard of Rising | 707 c556-7 (Link to this contribution) My Lords, I will also speak to Amendment 55. Amendment 54 would omit Clause 75(3). This subsection a...
Baroness Hayman | 707 c557 (Link to this contribution) My Lords, I inform the House that if Amendment 54 is agreed, I cannot call Amendment 55 by reason of...
Lord Blackwell | 707 c560 (Link to this contribution) My Lords, I wonder with some temerity whether, at this late stage of the legislation, the House and ...
Lord Oakeshott of Seagrove Bay | 707 c650 (Link to this contribution) My Lords, we support this amendment. The noble Lord, Lord Hoyle, made a powerful case, especially as...
Lord Davies of Oldham | 707 c656-7 (Link to this contribution) My Lords, the purpose of Clause 254 is to provide the Government with the power to specify assistanc...
Lord Goodhart | 707 c606 (Link to this contribution) My Lords, I shall speak as chairman of the Delegated Powers Committee, which has expressed strong vi...
Lord Hoyle | 707 c648-9 (Link to this contribution) My Lords, I said when we debated it at a late hour in Committee that I would return to this amendmen...
Lord Davies of Oldham | 707 c662 (Link to this contribution) Amendment 117 117: Clause 256, page 132, line 5, at end insert ““(in new terms)”” Amendment 117 ag...
Lord Eatwell | 707 c609 (Link to this contribution) Amendment 87 87: Clause 235, page 119, line 27, after ““a”” insert ““joint””
Baroness Noakes | 707 c644 (Link to this contribution) My Lords, I am grateful to the Minister for his explanation and I beg leave to withdraw the amendmen...
Baroness Noakes | 707 c634-5 (Link to this contribution) Amendment 103 103: After Clause 235, insert the following new Clause— ““Debt: assessment of adequac...
Lord Goodlad | 707 c569 (Link to this contribution) Amendment 55 55: Clause 75, page 39, line 21, leave out ““or desirable””
Lord Davies of Oldham | 707 c567 (Link to this contribution) My Lords, I have given hypothetical examples because we do not have an illustration of how the proce...
Lord Myners | 707 c583 (Link to this contribution) My Lords, the intention behind this amendment is to ensure that the special resolution objectives, u...
Subjects
Disclosure of information Compensation Consumers Accountability Audit Assets Debts Bank services Banks Delegated legislation Advisory services Bank of England Finance Liability Financial institutions Insolvency Government assistance Financial Services Authority Holding companies Protection Payments Public interest Public sector Public expenditure Parliamentary scrutiny Loans Post offices Post Office Nationalisation Regulation Rural areas Treasury Financial Services Compensation Scheme National Loans Fund Financial Stability Committee Sunset clauses Retrospective legislation
Legislation
Banking Bill 2007-08 to 2008-09
Link
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