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Banking Bill 2007-08 to 2008-09

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Banking Bill 2007-08 to 2008-09 (856)
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My Lords, I am grateful to the noble Baroness for her response to the government amendments and also to my noble friend. Both made interesting contributions in Committee which enabled us to get this additional work under way. As I have indicated, we were not totally convinced in the early...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c971-2
House
House of Lords

My Lords, there has obviously been extensive discussion on this clause and subsection (3) in particular. I am sorry not to have been able to join in on those discussions. I therefore hesitate to intervene for more than a moment or two. Many years ago, as a Treasury Minister, I...

Member
Lord Higgins (Conservative)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c954
House
House of Lords

Banking Bill. Lords third reading debate. Agreed to on question. Bill passed and returned to the Commons with amendments.

Lead member
Lord Myners
Answering member
Baroness Noakes
Department
Treasury
Type
Debates on bills
Date
9 February 2009
Reference
707 c947-83
House
House of Lords

My Lords, with his usual accuracy, the noble Lord has raised an issue just as I was coming to confront it. He will also recognise that in the earlier part of my contribution I indicated that I would have to address this issue. I hope I will satisfy him on...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c959
House
House of Lords

My Lords, I apologise for not being able to be in my place when the Minister began his remarks. The more that I have heard, the more concerned I am about Amendment 22, which seems not to achieve the purpose that the Minister agrees should be achieved. If it is...

Member
Lord Lawson of Blaby (Conservative)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c959
House
House of Lords

My Lords, I am grateful to the noble Lord and, of course, respect his expertise and contribution in this area. I was grateful for the points that he expressed in our meeting on these matters. I must report to the House that we took those issues into consideration. As I...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c960
House
House of Lords

My Lords, I am very grateful to the Minister for giving way. Although his Amendment 22 is a considerable improvement, the difficulty with it is that it is drafted by reference to what Ministers must have regard to, but it allows Ministers also to have regard to many other matters....

Member
Lord Pannick (Crossbench)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c959-60
House
House of Lords

My Lords, I shall come onto that point in a moment. The argument that the noble Lord, Lord Pannick, has properly raised is central to Amendment 22. That is why, after long deliberations on the anxieties connected with retrospective powers, I shall press the House to accept the amendment.

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c960
House
House of Lords

My Lords, the Minister emphasised earlier the repercussions on other legislation if our amendments were accepted. I asked him whether he could give one example of past legislation which had in it the words ““necessary or desirable””. I hope he will reply.

Member
Lord Morris of Aberavon (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c960
House
House of Lords

My Lords, I feel for the Minister having to reply since he is not legally qualified, as he said, but I have difficulty with what he is now saying because the European Court of Human Rights has made it clear that the test as he has outlined it under Strasbourg...

Member
Lord Lester of Herne Hill (Liberal Democrat)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c958
House
House of Lords

My Lords, I am grateful to noble Lords for their contributions to the debate. I am particularly grateful to those who kindly met with my noble friend Lord Myners, officials and me on Thursday to look at these issues in some detail. That examination has been reflected in today’s contributions....

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c954-8
House
House of Lords

My Lords, I follow, reluctantly, the noble Lord, Lord Pannick, and my noble and learned friend Lord Morris of Aberavon, who is so expert on these issues. I spent five years in the Treasury, and I am sure that it will come up with a response that might just be...

Member
Lord Barnett (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c953-4
House
House of Lords

My Lords, I am grateful to the noble Lord, who is particularly well qualified in this area, for recognising my potential deficiency. I hope he will hear me out with the general argument. I have taken on board the point he made, and we have looked at this with the...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c958-9
House
House of Lords

Clause 10: Banking Liaison Panel Amendment 3 3: Clause 10, page 6, line 17, leave out ““75(2)(c)”” and insert ““75(2)(b) and (c)””

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c950
House
House of Lords

My Lords, I, too, thank the Minister for his courtesy to us last Thursday. Like the noble Lord, Lord Goodlad, and the noble and learned Lord, Lord Morris of Aberavon, I see the force of the Government’s argument that the Treasury needs to be able to introduce provisions with retrospective...

Member
Lord Pannick (Crossbench)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c952-3
House
House of Lords

My Lords, I, too, am most grateful to my noble friend for giving of his time last Thursday to discuss our concerns. We appreciate his patience, and—I repeat what the noble Lord, Lord Goodlad, said—his characteristic courtesy. Retrospective legislation is undoubtedly needed in this context. To envisage the extent and...

Member
Lord Morris of Aberavon (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c951-2
House
House of Lords

My Lords, I speak to Amendments 20 and 21 standing in my name and those of the noble and learned Lord, Lord Morris of Aberavon, my noble friend Lord Norton and the noble Lord, Lord Pannick. During our consideration of Clause 75 on Report, the Minister undertook to conduct discussions...

Member
Lord Goodlad (Conservative)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c950-1
House
House of Lords

My Lords, the amendment standing in the name of my noble friend relates to Clause 10, which provides for the Banking Liaison Panel and has proven to be one of the more appreciated clauses in this Bill. With this amendment, we return to matters relating to Clause 75, which it...

Member
Lord Davies of Oldham (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c950
House
House of Lords

My Lords, before my noble friend responds to that point and before he sits down—I am sure he is going to sit down fairly soon—does he recognise that we are at Third Reading and therefore that long speeches in the course of ministerial statements are simply out of order? There...

Member
Lord Williams of Elvel (Labour)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c961
House
House of Lords

My Lords, I really am puzzled now. When, under Section 19 of the Human Rights Act, the Minister writes on the face of a Bill that he considers it to be compatible with the convention rights, that is what Parliament requires him to do and that is what he has...

Member
Lord Lester of Herne Hill (Liberal Democrat)
Type
Proceeding contributions
Date
9 February 2009
Reference
707 c960-1
House
House of Lords