Banking (Special Provisions) Bill

The noble Lord, Lord Desai, frightens me even more than the noble Lord, Lord Newby, because the noble Lord, Lord Desai, said that during the next few months there will be a new banking Bill. He said that we did not know what it would contain, but that it would be very complicated, and so we should keep the provisions of this Bill open for longer than a month because the new Bill might mean that something should be put in its place. I think that is an alarming prospect. I do not see any reason why it should be longer than a month.