But it is not an obligation. When one is setting a framework in a piece of legislation, it is wise, if at all possible, to cover certain unusual circumstances that may occur. The Bill would enable an association, in certain circumstances, to raise money. Noble Lords now appear to envisage associations going to slightly incompetent bank managers to raise a lot of money. That is certainly not the intention.
Commons Bill [HL]
Proceeding contribution from
Baroness Farrington of Ribbleton
(Labour)
in the House of Lords on Wednesday, 9 November 2005.
It occurred during Debate on bills
and
Committee proceeding on Commons Bill [HL].
About this proceeding contribution
Reference
675 c221GC Session
2005-06Chamber / Committee
House of Lords Grand CommitteeSubjects
Librarians' tools
Timestamp
2024-04-22 01:35:08 +0100
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