FORMAL MINUTES
Tuesday 9 December 2003
Members present:
| Mr Colin Breed | Jim Dobbin
|
| Mr William Cash | John Robertson
|
| Mr Michael Connarty | |
In the absence of the Chairman, Mr Michael Connarty
was called to the Chair.
The Committee deliberated.
Draft Report, proposed by the Chairman, brought up
and read.
Ordered, That the draft
Report be read a second time, paragraph by paragraph.
Paragraphs 1.1 to 11 read and agreed to.
Preamble to paragraph 12 read as follows:
12 REGULATION OF FINANCIAL SERVICES
(25032)
14635/03
COM(03)659
| Draft Directive to amend Council Directives 73/239/EEC, 85/611/EEC, 91/675/EEC, 93/6/EEC and 94/19/EC and Directives 2000/12/EC, 2002/83/EC and 2002/87/EC, in order to establish a new financial services committee organisational structure.
|
| Legal base | Article 47(2) EC; co-decision; QMV
|
| Document originated | 5 November 2003
|
| Deposited in Parliament |
14 November 2003 |
| Department | HM Treasury
|
| Basis of consideration |
EM of 26 November 2003 |
| Previous Committee Report |
None; but see (22154) 6554/01: HC 152-i (2001-02), paragraph 24 (18 July 2001)
|
| To be discussed in Council
| Not known |
| Committee's assessment | Legally and politically important
|
| Committee's decision | Cleared
|
Question put, That the preamble be read a second
time.
The Committee divided.
| Ayes, 3 | Noes, 1
|
| Mr Colin Breed | Mr William Cash
|
| Jim Dobbin | |
| John Robertson | |
Paragraphs 12.1 to 14 read and agreed to.
Resolved, That the Report
be the Second Report of the Committee to the House.
Ordered, That the Chairman
do make the Report to the House.
[Adjourned till Monday 15 December
at a quarter past Five o'clock.
| 
