UK Parliament / Open data

Dunfermline Building Society Compensation Scheme, Resolution Fund and Third Party Compensation Order 2009

In the light of these questions, I shall learn to sit down more quickly. On the latter point, I will have to write to the noble Lord. On the initial point, though, the provision in paragraph 3 of Schedule 2 of the compensation order is intended to limit any compensation to be paid in respect of the turning off of termination rights, and it was included in both Northern Rock and Bradford & Bingley compensation scheme orders. We have therefore already addressed ourselves to these issues in previous orders, and I have nothing to add to that with regard to this one. Motion agreed.

About this proceeding contribution

Reference

711 c472GC 

Session

2008-09

Chamber / Committee

House of Lords Grand Committee
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