To ask Her Majesty’s Government, further to the Written Answer by Lord Sassoon on 18 November (WA 226–7), what are the total and particular costs expended to date in relation to the rescue of the Dunfermline Building Society (DBS) and the DBS bridge bank; what amount of those monies has...

To ask Her Majesty’s Government, further to the Written Answer by Lord Sassoon on 18 November (WA 226–7), what are the total and particular costs expended to date in relation to the rescue of the Dunfermline Building Society (DBS) and the DBS bridge bank; what amount of those monies has...

To ask Her Majesty’s Government who were the professional advisers for the Bridge Bank that took over part of the Dunfermline Building Society in March 2009; what were their charges; what those charges consisted of; and whether they have been fully paid.

To ask Her Majesty’s Government who were the professional advisers for the Bridge Bank that took over part of the Dunfermline Building Society in March 2009; what were their charges; what those charges consisted of; and whether they have been fully paid.

Today the Treasury has laid in both Houses of Parliament copies of the accounts for the Dunfermline Resolution Account for the year ending 31 March 2010. The accounts have been prepared in relation to the operation of the Dunfermline Resolution Account established in accordance with article 6(1) of, and schedule...

Today the Treasury has laid in both Houses of Parliament copies of the accounts for the Dunfermline Resolution Account for the year ending 31 March 2010. The accounts have been prepared in relation to the operation of the Dunfermline Resolution Account established in accordance with article 6(1) of, and schedule...

My honourable friend the Financial Secretary to the Treasury (Mark Hoban) has today made the following Written Ministerial Statement. Today the Treasury has laid in both Houses of Parliament copies of the accounts for the Dunfermline resolution account for the year ending 31 March 2010. The accounts have been prepared...

My honourable friend the Financial Secretary to the Treasury (Mark Hoban) has today made the following Written Ministerial Statement. Today the Treasury has laid in both Houses of Parliament copies of the accounts for the Dunfermline resolution account for the year ending 31 March 2010. The accounts have been prepared...

DBS Bridge Bank Limited Supplemental and Onward Property Transfer Instrument 2009. (No parliamentary procedure).

DBS Bridge Bank Limited Supplemental and Onward Property Transfer Instrument 2009. (No parliamentary procedure).

My Lords, we spent a long time during the passage of the Banking Bill discussing Section 75. It was argued by a number of noble Lords on the Conservative Benches that we should not have it at all and that the Government should just do things and then be sued...

My Lords, we spent a long time during the passage of the Banking Bill discussing Section 75. It was argued by a number of noble Lords on the Conservative Benches that we should not have it at all and that the Government should just do things and then be sued...

My Lords, I thank all noble Lords who have participated in this debate for their useful and at times challenging contributions. The noble Lord, Lord Goodlad, asked a broad but important question: do we in Government believe that the use of Section 75 powers here was in accordance with the...

My Lords, I thank all noble Lords who have participated in this debate for their useful and at times challenging contributions. The noble Lord, Lord Goodlad, asked a broad but important question: do we in Government believe that the use of Section 75 powers here was in accordance with the...

My Lords, on a point of clarification, I did not quite understand why those members of the pension scheme might have a preference ahead of others. Can the Minister briefly develop that point for me?

My Lords, on a point of clarification, I did not quite understand why those members of the pension scheme might have a preference ahead of others. Can the Minister briefly develop that point for me?

My Lords, the answer relates to the nature of the deposit account holders of a building society, the shareholders also effectively being unsecured depositors and subordinate to the preferred creditors and the pension fund in respect of having a deficit, counting as a preferred or senior creditor in that respect.

My Lords, the answer relates to the nature of the deposit account holders of a building society, the shareholders also effectively being unsecured depositors and subordinate to the preferred creditors and the pension fund in respect of having a deficit, counting as a preferred or senior creditor in that respect.

My Lords, is this the only case to date—including Northern Rock, Bradford & Bingley and, now, the Dunfermline—where a pension fund liability is effectively being left to go into the Pension Protection Fund if there is not enough money? I understand that this is the only one that has been...

My Lords, is this the only case to date—including Northern Rock, Bradford & Bingley and, now, the Dunfermline—where a pension fund liability is effectively being left to go into the Pension Protection Fund if there is not enough money? I understand that this is the only one that has been...

My Lords, I am endeavouring to suggest to your Lordships—and I will correct this if I am myself misdirected—that there is considerable security in the situation of the defined benefit pension scheme of the Dunfermline in terms of its members’ access to additional funding in respect of any deficit. Put...

My Lords, I am endeavouring to suggest to your Lordships—and I will correct this if I am myself misdirected—that there is considerable security in the situation of the defined benefit pension scheme of the Dunfermline in terms of its members’ access to additional funding in respect of any deficit. Put...

My Lords, I asked about the property transfer instrument.

My Lords, I asked about the property transfer instrument.

My Lords, I shall write to the noble Baroness on that. Motion agreed.

My Lords, I shall write to the noble Baroness on that. Motion agreed.

SI 2009/814. Lords debate on a motion to approve. Agreed to on question. [Relevant documents: 12th report from the Joint Committee on Statutory Instruments and 14th report from the Merits Committee]

SI 2009/814. Lords debate on a motion to approve. Agreed to on question. [Relevant documents: 12th report from the Joint Committee on Statutory Instruments and 14th report from the Merits Committee]

My Lords, I beg to move that the House do approve the third draft order standing in my name. In speaking to this order, I am mindful of the concerns raised by Members of this House regarding Section 75 during the passage of the Banking Bill, including the welcome contributions...

My Lords, I beg to move that the House do approve the third draft order standing in my name. In speaking to this order, I am mindful of the concerns raised by Members of this House regarding Section 75 during the passage of the Banking Bill, including the welcome contributions...

My Lords, in his opening remarks, the Minister referred to the report of your Lordships’ Select Committee on the Constitution on what is now the Banking Act, particularly on its Section 75. At the time of the debates that were held then, nobody quite had in mind the circumstances that...

My Lords, in his opening remarks, the Minister referred to the report of your Lordships’ Select Committee on the Constitution on what is now the Banking Act, particularly on its Section 75. At the time of the debates that were held then, nobody quite had in mind the circumstances that...

That the order laid before the House on 30 March be approved. Relevant Documents: 12th Report from the Joint Committee on Statutory Instruments and 14th Report from the Merits Committee

That the order laid before the House on 30 March be approved. Relevant Documents: 12th Report from the Joint Committee on Statutory Instruments and 14th Report from the Merits Committee

My Lords, the Minister will be pleased that I do not have quite as much to say on this order as on the previous two that we debated, but he will also be aware that I asked for this order to be debated separately from them, specifically because of it...

My Lords, the Minister will be pleased that I do not have quite as much to say on this order as on the previous two that we debated, but he will also be aware that I asked for this order to be debated separately from them, specifically because of it...

SI 2009/814; SI 2009/805; SI 2009/807. Considered by Delegated Legislation Committee.

SI 2009/814; SI 2009/805; SI 2009/807. Considered by Delegated Legislation Committee.