Committee (1st Day)

Part of the debate – in the House of Lords at 3:10 pm on 13th January 2009.

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Photo of Lord Stewartby Lord Stewartby Conservative 3:10 pm, 13th January 2009

I intervene only very briefly to ask the Minister to explain the definition of a UK institution, because under the first and second amendments that we are considering, "bank" is defined at the beginning of Clause 2 as being a deposit-taking UK institution. For that purpose, what is the definition of a UK institution?