House of Commons Public Bill Committee Proceedings

House of Commons

Session 2007 - 08
Internet Publications
Other Bills before Parliament

Public Bill Committee Proceedings: 11th November 2008
30

Banking Bill, continued

Ian Pearson

Agreed to  112

Clause  56,  page  27,  line  6,  after ‘order’, insert—

‘(a)
shall be made by statutory instrument, and

(b)
’.

Clause, as amended, Agreed to.

Ian Pearson

Agreed to  122

Clause  57,  page  27,  line  27,  leave out subsection (4) and insert—

‘(4)
The duty to provide services and facilities in pursuance of the continuity

obligation is subject to a right to receive reasonable consideration.’.

Clause, as amended, Agreed to.

Ian Pearson

Agreed to  123

Clause  58,  page  28,  line  20,  leave out ‘consideration at market rate’ and insert

‘reasonable consideration,’.

Ian Pearson

Agreed to  124

Clause  58,  page  28,  line  22,  leave out ‘on market terms’.

Clause, as amended, Agreed to.

Ian Pearson

Agreed to  125

Clause  59,  page  29,  line  4,  leave out subsection (4) and insert—

‘(4)
The duty to provide services and facilities in pursuance of the continuity

obligation is subject to a right to receive reasonable consideration.’.

Clause, as amended, Agreed to.

Ian Pearson

Agreed to  126

Clause  60,  page  29,  line  32,  leave out ‘consideration at market rate’ and insert

‘reasonable consideration,’.

Public Bill Committee Proceedings: 11th November 2008
31

Banking Bill, continued

Ian Pearson

Agreed to  127

Clause  60,  page  29,  line  34,  leave out ‘on market terms’.

Clause, as amended, Agreed to.

Clauses 61 to 64 Agreed to.

[Adjourned till Thursday at 9.00 a.m.