Building Societies Act 1986 (International Accounting Standards and Other Accounting Amendments) Order 2004

Part of the debate – in the House of Lords at 12:05 pm on 16th December 2004.

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Photo of Lord Newby Lord Newby Shadow Minister, Treasury 12:05 pm, 16th December 2004

My Lords, this order seems to be a sensible, useful and technical piece of work to which we could not conceivably want to object. Indeed, it helps consolidate the workings of the single market, which I think we all endorse, despite our other differences about matters European. We therefore support it.