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16

 
 

(6)    

The Treasury shall lay a copy of the report before Parliament.

 

(7)    

If a review recommends further reviews—

 

(a)    

the Treasury may arrange for the further reviews, and

 

(b)    

subsections (3) to (6) (and this subsection) shall apply to them.”

89

Insert the following new Clause—

 

“Banking (Special Provisions) Act 2008: Compensation: valuer

 

Without prejudice to the generality of section 12 of the Banking (Special

 

Provisions) Act 2008 (consequential and supplementary provision), it is

 

declared that the power under section 9 of that Act to make provision for

 

the appointment of a valuer includes power to replicate, or to make

 

provision of a kind that may be made under, section 55(1) to (3) of this Act.”

Clause 228

90

Page 111, line 33, at end insert—

 

“(1A)    

In pursuing the Financial Stability Objective the Bank shall aim to work

 

with other relevant bodies (including the Treasury and the Financial

 

Services Authority).”

91

Page 112, line 32, after “interest” insert “(including any reasonably likely future

 

interest)”

92

Page 112, line 33, leave out “with the Bank”

93

Page 112, leave out lines 41 to 44

Clause 246

94

Page 120, line 37, at end insert “(in new terms).”

Clause 249

95

Page 121, line 36, leave out “Negative resolution” and insert “Draft affirmative

 

resolution”

96

Page 123, line 6, at end insert—

 

“188

Bank of England directions:

Negative resolution”

 
  

immunity

  

97

Page 124, line 13, at end insert “(in new terms).”


 
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