No, I do not.
The hon. Member for Runnymede and Weybridge also made the point that the Government are consulting on longer term legislation to make more substantial reforms to the banking system, and I believe that that has general support in the House. We are consulting on that because it is important that we get the detail right. Legislation will be introduced thereafter. Some clauses may be closely followed in that future legislation, and they are necessary not only to allow us to acquire the shares in the bank, but to deal with it after acquisition, with a view to returning it to the private sector.
Banking (Special Provisions) Bill
Proceeding contribution from
Lord Darling of Roulanish
(Labour)
in the House of Commons on Tuesday, 19 February 2008.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Banking (Special Provisions) Bill.
About this proceeding contribution
Reference
472 c172 Session
2007-08Chamber / Committee
House of Commons chamberSubjects
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