Banking Bill — Committee (4th Day)

Part of the debate – in the House of Lords at 3:45 pm on 20th January 2009.

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Photo of Lord Stewartby Lord Stewartby Conservative 3:45 pm, 20th January 2009

Can the Minister give me an assurance? Looking at all these clauses on continuity obligations, I ask myself what would happen if the particular services were outsourced, or partly outsourced. I imagine that the Government will have considered the point and, I presume, will have satisfied themselves that that is covered by the Bill. However, it is difficult to think through the practical process that would apply in these cases. I would like the comfort of the Minister telling us that the Government have been conscious of this matter and are now content with the way in which it has been addressed.