Loans to Ireland Bill

Part of Loans to Ireland Bill (Allocation of Time) – in the House of Commons at 1:34 pm on 15 December 2010.

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Photo of Bill Cash Bill Cash Chair, European Scrutiny Committee, Chair, European Scrutiny Committee 1:34, 15 December 2010

I am sure that my right hon. Friend will understand my saying that it would have been so much simpler if what he has just said had been specified in the Bill, instead of a blanket wording referring to substituting a greater amount. We would have then known that that was only intended to allow a margin of error depending on currency fluctuations. Subsection (4) is absolutely clear that there is no restriction.