Clause 68
Finance (No.2) Bill
11:45 am
John Healey (Financial Secretary, HM Treasury; Wentworth, Labour)
No, it will be a longer period than that. The IOC suggested in the host-city contract that we consider a period of 120 days leading up to the opening ceremony, and an additional 60 days after the closing ceremony. We will work through the detail. The clause contains the power to make such requirements in regulation, which is obviously more appropriate than making them in the Bill. Nevertheless, that is the period we are considering: several weeks around the Olympic games and the Paralympic games proper.