Clause 1 — United Kingdom loans to Ireland

Part of Loans to Ireland Bill (Allocation of Time) – in the House of Commons at 4:28 pm on 15th December 2010.

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Photo of John Redwood John Redwood Conservative, Wokingham 4:28 pm, 15th December 2010

My hon. Friend has great legal expertise. I understand that the European Union is trying to negotiate an amendment to article 122 of the treaty in order to put the matter beyond doubt. Would that be retrospective, or could that undermine the current position?