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Clause 32

Part of Banking Bill – in a Public Bill Committee at 11:00 am on 11th November 2008.

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Photo of Peter Bone Peter Bone Conservative, Wellingborough 11:00 am, 11th November 2008

I support my hon. Friend’s amendment. It is clear that the idea of the parliamentary draftsman and his interpretation of the Minister’s wish was that the provision would be governed by the sovereignty of Parliament, otherwise there was no need to put those words in. We were told earlier that the Government believe that the measure complies with EU law, so it is not necessary to say that because it is implicit. If that is the case, the additional words are not necessary and my hon. Friend’s amendment is correct.

I suspect that the draftsman included those words because he intended in the previous clause that we would override EU law. The Bill does not seem to match the Government’s intentions and my hon. Friend’s amendment is most helpful to the Government. I expect the Minister to accept it.