I thank the Minister for that response. He is fully aware of my reasons for raising these issues. He is saying, "Trust us and we will get it right", whereas the British Bankers’ Association is saying, "We’d rather have it sorted out on the face of the Bill". I will need to consider this matter carefully with the association before Report stage.
The Minister pointed out some technical deficiencies in my amendment. I take the point entirely, but he will understand that I drafted it as a probing amendment in effect, as we cannot make amendments except by agreement in Grand Committee. As I say, I will discuss this further with the British Bankers’ Association, but he should be aware that this is one of the sticking points, which is why I think it important that we should make progress before the Bill moves to its Report stage in your Lordships’ House. I do not think that we have a date for that yet, but there is some urgency behind the Government making progress on this. I beg leave to withdraw the amendment.
Amendment 33 withdrawn.
Amendment 34 not moved.
Clause 7 agreed.
Saving Gateway Accounts Bill
Proceeding contribution from
Baroness Noakes
(Conservative)
in the House of Lords on Tuesday, 21 April 2009.
It occurred during Debate on bills
and
Committee proceeding on Saving Gateway Accounts Bill.
About this proceeding contribution
Reference
709 c357GC Session
2008-09Chamber / Committee
House of Lords Grand CommitteeSubjects
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