Could the noble Lord explain the drafting of Amendment 23? As I understood his explanation, it was that this would be a contingent power that the regulator could enforce if necessary. The way the amendment is drafted, proposed new Section 142VA gives the impression that it would be a requirement regardless of any other condition. Perhaps the noble Lord will clarify how it will become contingent on the regulator deciding that it is necessary.
Financial Services (Banking Reform) Bill
Proceeding contribution from
Lord Blackwell
(Conservative)
in the House of Lords on Tuesday, 8 October 2013.
It occurred during Committee of the Whole House (HL), Debate on bills and Committee proceeding on Financial Services (Banking Reform) Bill.
Type
Proceeding contribution
Reference
748 c44
Session
2013-14
Chamber / Committee
House of Lords chamber
Subjects
Librarians' tools
Timestamp
2013-12-20 04:24:44 +0000
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