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Clause 7

Part of Banking Bill – in a Public Bill Committee at 9:30 am on 6th November 2008.

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Photo of Sally Keeble Sally Keeble Labour, Northampton North 9:30 am, 6th November 2008

The clause goes to the heart of some of the problems that we saw in the Northern Rock debacle. My hon. Friend has described how he thinks the procedure will work in practice. How much scenario planning—war games or whatever—has there been or will there be to test how the procedures would work in practice?