Banking Bill — Committee (4th Day)

Part of the debate – in the House of Lords at 3:15 pm on 20th January 2009.

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Photo of Viscount Eccles Viscount Eccles Conservative 3:15 pm, 20th January 2009

Does the Minister think that the newco—that is, the company with the assets transferred into it—has a duty towards the resco in respect of continuity?