Building Societies (Funding) and Mutual Societies (Transfers) Bill

I join other noble Lords in congratulating Sir John Butterfill on getting the Bill to this stage and the Minister on setting out so clearly an extremely technical set of amendments. One of the interesting and positive things about this Bill is that it seeks to deal with future developments rather than past wrongs. The amendments today deal with mergers within the EEA. That is a positive and potentially dynamic development and we on these Benches are extremely supportive of the amendments.