New Clause 12 — Special resolution regime: Continuity obligations: onward property transfers

Part of Orders of the Day – in the House of Commons at 5:45 pm on 26th November 2008.

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Photo of Mark Hoban Mark Hoban Shadow Minister (Treasury) 5:45 pm, 26th November 2008

To be absolutely clear, is the Minister saying that the Bank of England takes the lead in deciding whether the account should be transferred to another bank or should be subject to the FSCS compensation arrangements?

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