Clause 57

Part of Banking Bill – in a Public Bill Committee at 6:45 pm on 11 November 2008.

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Photo of Ian Pearson Ian Pearson Parliamentary Under-Secretary (Economic and Business), Department for Business, Enterprise & Regulatory Reform, Economic Secretary (Economic and Business), HM Treasury 6:45, 11 November 2008

I beg to move amendment No. 122, in clause 57, page 27, line 27, leave out subsection (4) and insert—

‘(4) The duty to provide services and facilities in pursuance of the continuity obligation is subject to a right to receive reasonable consideration.’.