I should like to challenge the hon. Gentleman's logic. He says that, in administration, the administrator would not be able to sell the business, ergo he would have to wind it down. In nationalisation, when the Government cannot sell it, the Government will have to wind it down. Is that not the case?
Banking (Special Provisions) Bill
Proceeding contribution from
Lord Hammond of Runnymede
(Conservative)
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 c286 Session
2007-08Chamber / Committee
House of Commons chamberSubjects
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