Financial Services (Banking Reform) Bill — Report (1st Day) (Continued)

Part of the debate – in the House of Lords at 9:00 pm on 26th November 2013.

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Photo of Lord Phillips of Sudbury Lord Phillips of Sudbury Liberal Democrat 9:00 pm, 26th November 2013

My Lords, first, is my noble friend quite certain that the Interpretation Act 1978 does not itself operate subject to the context of the language which is being interpreted? If that is so, I believe that there will be real ambiguity about this clause because, as I say, the law is construed strictly in favour of the accused. Secondly, does he accept that in a clause like this, to rely on the Interpretation Act rather than put in some plain words that make it clear, is unhelpful to people who must refer to this piece of legislation in the future?