Amendments proposed to the Financial Services and Markets Bill, As Amended - continued | House of Commons |
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Mr Chancellor of the Exchequer 317 Page 60, line 24, leave out Clause 132.
Mr William Hague 231 Page 61, line 3 [Clause 132], leave out 'may, if he thinks fit' and insert 'shall'.
Mr Chancellor of the Exchequer 447 Page 61, line 13 [Clause 133], leave out '132' and insert '(Reports by Director General of Fair Trading)'.
Mr William Hague 232 Page 61, line 23 [Clause 133], after 'information', insert 'relevant to the investigation'.
Mr Chancellor of the Exchequer 318 Page 61, line 40, leave out Clause 134.
Mr William Hague 233 Page 62, line 16 [Clause 134], after 'rules', insert ', principles or codes'.
Mr Chancellor of the Exchequer 319 Page 62, line 27, leave out Clause 135.
Mr Chancellor of the Exchequer 448 Page 64, line 15 [Clause 137], at end insert
Mr William Hague 234 Page 65, line 13 [Clause 138], at end insert'(7) The first person referred to in subsection (5) shall not be liable to any other person for breach of fiduciary duty or any other duty or obligation by reason of his compliance with the obligation imposed by that subsection.'.
Mr William Hague 364 Page 65, line 16 [Clause 139], after 'so', insert 'in connection with the exercise by the Authority of a function conferred on it by or under this Act, or contemplated proceedings for an offence under this Act,'.
Mr William Hague 365 Page 68, line 30 [Clause 142], at end insert 'and if any proceedings are commenced against any person in reliance on the report the investigating authority shall provide a copy of the report to such person prior to the commencement of proceedings'.
Mr William Hague 366 Page 71, line 14 [Clause 147], at end insert'(4A) The privilege attaching to a privileged communication shall not be waived merely by the disclosure or production of the privileged communication to the Authority or an investigator, whether voluntarily or otherwise, and the Authority and any such investigator may not make use of, or disclose, any of the information contained in that privileged communication, or any other privileged communication to which it or he gains access, without the written agreement of the person who is entitled to waive that privilege'.
Mr William Hague 367 Page 71, line 32 [Clause 147], after 'who', insert 'at any relevant time'.
Mr William Hague 368 Page 72, line 3 [Clause 148], after 'it', insert 'within such reasonable period as is specified in the information requirement'.
Mr William Hague 369 Page 74, line 13 [Clause 150], leave out from beginning to end of line 14 and insert 'A person may not acquire'.
Mr William Hague 370 Page 74 [Clause 150], leave out line 19 and insert 'unless he has first notified the Authority'.
Mr William Hague 371 Page 74, line 20 [Clause 150], leave out 'such step' and insert 'action'.
Mr Chancellor of the Exchequer 121 Page 74, line 31 [Clause 150], leave out 'does not qualify for authorisation under' and insert 'is not a person authorised as a result of paragraph 1 of'.
Mr Chancellor of the Exchequer 122 Page 77, line 31 [Clause 157], leave out subsection (2) and insert'(2) In imposing any conditions, the Authority must have regard to its duty under section (The threshold conditions).'.
Mr Chancellor of the Exchequer 123 Page 78, line 12 [Clause 158], at end insert 'and'.
Mr Chancellor of Exchequer 124 Page 78, line 16 [Clause 158], leave out from 'control' to end of line 24 and insert'( ) In deciding whether the approval requirements are met, the Authority must have regard, in relation to the control that the acquirer
to its duty under section (The threshold conditions) in relation to each regulated activity carried on by A.'.
Mr William Hague 372 Page 78, line 19 [Clause 158], leave out 'proposal' and insert 'acquisition'.
Mr William Hague 373 Page 78, line 27 [Clause 158], leave out 'a particular step' and insert 'any particular action'.
Mr William Hague 374 Page 78, line 28 [Clause 158], leave out 'step' and insert 'action'.
Mr Chancellor of the Exchequer 125 Page 83, line 22 [Clause 166], leave out 'authorised person' and insert 'firm'
Mr Chancellor of the Exchequer 126 Page 83, line 23 [Clause 166], after 'such' insert 'a'
Mr Chancellor of the Exchequer 127 Page 88, line 3 [Clause 175], leave out '(1)' and insert '(1B)'.
Mr Chancellor of the Exchequer 128 Page 88, line 14 [Clause 177], at end insert'(1A) If it appears to the Director that a restriction imposed under section 178 on an EEA consumer credit firm has not been complied with, he may by written notice given to the firm impose a consumer credit prohibition.'.
Mr Chancellor of the Exchequer 129 Page 88, line 30 [Clause 177], at end insert 'or (1A)'.
Mr Chancellor of the Exchequer 130 Page 89, line 35 [Clause 178], leave out subsection (5).
Mr William Hague 375 Page 91, line 3 [Clause 183], at end insert'(5) The Authority shall not give a notice for payment while the decision to give that notice is open to review within the meaning of section 350(7).'.
Mr William Hague 376 Page 91, line 12 [Clause 184], at end insert'(4) The Authority shall not publish a statement under section 179 while the decision to publish that statement is open to review within the meaning of section 350(7).'.
Mr Chancellor of the Exchequer 320 Page 91, line 13 [Clause 185], leave out 'publish' and insert 'issue'.
Mr Chancellor of the Exchequer 321 Page 91, line 24 [Clause 185], leave out 'any material published' and insert 'a statement issued'.
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©Parliamentary copyright 2000 | Prepared 27 Jan 2000 |