Session 2010 - 12
Internet Publications
Other Bills before Parliament
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| | Clause 48, page 132, line 4, leave out ‘to the FCA and the PRA’ and insert ‘the |
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| | Registrar of Companies or to the FCA, the PRA and the Registrar of Companies’. |
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| | | Clauses 49 to 53 Agreed to. |
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| | | Negatived on division 173 |
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| | Clause 54, page 134, line 2, at end insert— |
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| | | ‘(3) | The first case requires the Bank of England, FPC, FCA or PRA to provide the |
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| | | Treasury or the Secretary of State with an early warning of the possibility that a |
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| | | notification of a material risk to public funds may be given, and full information |
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| | | about the circumstances.’. |
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| | Clause 54, page 134, line 3, leave out ‘first’ and insert ‘second’. |
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| | Clause 54, page 134, line 5, at end insert ‘or where there is a risk to relevant |
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| | markets functioning well, fairly, efficiently and transparently.’. |
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| | Clause 54, page 134, line 6, leave out ‘second’ and insert ‘third’. |
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| | | Negatived on division 174 |
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| | Clause 54, page 134, line 7, after ‘England,’, insert ‘FPC, FCA,’. |
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| | Clause 54, page 134, line 7, after ‘PRA’ insert ‘, the FCA’. |
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| | Clause 54, page 134, line 13, after ‘Bank,’, insert ‘the FPC, the FCA,’. |
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| | Clause 54, page 134, line 13, after ‘PRA’ insert ‘, the FCA’. |
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| | Clause 54, page 134, line 15, leave out ‘third’ and insert ‘fourth’. |
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| | | Clause, as amended, Agreed to. |
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| | Clause 56, page 135, line 14, after ‘PRA’ insert ‘, the FCA’. |
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| | | Clause, as amended, Agreed to. |
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| | Clause 58, page 136, line 22, leave out from ‘Bank’ to ‘give’ and insert ‘must’. |
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| | | Clause 60 Agreed to on division. |
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| | | Negatived on division 181 |
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| | Clause 61, page 137, line 23, after ‘PRA’, insert ‘and the FCA’. |
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| | Clause 61, page 137, line 29, at end insert ‘which must include risks which |
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| | significantly impact upon the safety and soundness of PRA-authorised persons, or which |
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| | put at risk relevant markets functioning well.’. |
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| | Clause 61, page 137, line 31, after ‘PRA’, insert ‘and the FCA’. |
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| | Clause 61, page 137, line 35, after ‘PRA’, insert ‘and the FCA’. |
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| | | Negatived on division 187 |
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| | Clause 61, page 137, line 36, at end insert ‘and set out draft standing orders of an |
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| | ad hoc Stability Committee’. |
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| | | Negatived on division 188 |
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| | Clause 61, page 137, line 40, at end insert ‘and ensure that the Governor and all |
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| | Bank of England Deputy Governors and the Chief Executive of the FCA may consult with |
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| | Clause 61, page 137, line 42, after ‘PRA’, insert ‘and the FCA’. |
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| | Clause 61, page 138, leave out lines 2 and 3. |
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| | Clause 61, page 138, line 4, after ‘PRA’, insert ‘and the FCA’. |
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| | Clause 61, page 138, line 9, leave out paragraph (a). |
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| | | Negatived on division 190 |
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| | Clause 61, page 138, leave out lines 13 to 17 and insert— |
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| | | ‘(7) | The memorandum is a measure prescribed by the Treasury by order which shall |
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| | | not be made unless a draft of the order has been laid before and approved by |
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| | | resolution of each House of Parliament.’. |
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| | | Clause Agreed to on division. |
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| | | Clauses 62 to 64 Agreed to. |
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| | | Clause 65 Agreed to on division. |
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| | | Clauses 66 to 68 Agreed to. |
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| | Clause 69, page 142, line 34, at end insert— |
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| | | ‘(4A) | Any direction under subsection (4) must be laid before Parliament and |
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| | Clause 70, page 143, line 42, at end add— |
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| | | ‘(5A) | Any direction under subsection (5) must be laid before Parliament and |
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| | | Clauses 71 to 73 Agreed to. |
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| | Clause 74, page 145, line 42, at end insert— |
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| | | ‘(6A) | Any direction under subsection (5) or (6) must be laid before Parliament and |
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| | | Clauses 75 and 76 Agreed to. |
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| | Clause 77, page 146, leave out line 39 to line 25 on page 147 and insert— |
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| | | ‘(2) | The Treasury may publish the whole, or any part, of the report and may do so in |
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| | | such manner as it considers appropriate. |
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| | | (3) | The Treasury must prevent publication of any part of the report which it considers |
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| | | (a) | which relates to the affairs of a particular person whose interests would, |
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| | | in the opinion of the Treasury, be seriously prejudiced by publication of |
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| | | (b) | the disclosure of which would be incompatible with an international |
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| | | obligation of the United Kingdom. |
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| | | (4) | The Treasury must lay before each House of Parliament a copy of any report or |
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| | | part of a report published under subsection (2) subject to the provisions of |
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| | [Adjourned until Thursday at 9.30 am |
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