Examination of Witnesses

Part of Enterprise and Regulatory Reform Bill – in a Public Bill Committee at 12:00 pm on 19 June 2012.

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Paul Lee: I actually think that there is enough funding available before that date for the bank to do anything that would realistically be needed, so that probably is not an issue. Of course, 2016 is only the first date at which it might be able to borrow; should that date get pushed out, that might become more problematic. I think as long as that timetable is roughly stuck to, it should be satisfactory.