From what I could tell from what my hon. Friend was saying in the previous debate, he thought it important to have parliamentary scrutiny. It is true that I could have issued the loan under the common-law powers available to me, and come back at a later point to seek parliamentary approval. I thought the House would prefer me to seek parliamentary approval first, before making the loan—but there we go; you can't please everyone.
Loans to Ireland Bill
Proceeding contribution from
George Osborne
(Conservative)
in the House of Commons on Wednesday, 15 December 2010.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Loans to Ireland Bill.
Type
Proceeding contribution
Reference
520 c929 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 14:25:25 +0000
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