Financial Services Bill — Committee (2nd Day) (Continued)

Part of the debate – in the House of Lords at 8:15 pm on 15th March 2010.

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Amendment 25

Moved by Baroness Noakes

25: Clause 3, page 3, line 14, at end insert-

"( ) Where a matter has been omitted from either the annual report or the minutes published under section 2(4) and the action involves financial assistance as defined in section 257 of the Banking Act 2009, a report should be laid before Parliament when the conditions under subsection (3) no longer apply."