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Clause 65

Part of Banking Bill – in a Public Bill Committee at 9:45 am on 13th November 2008.

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Photo of Mark Hoban Mark Hoban Shadow Minister (Treasury) 9:45 am, 13th November 2008

My recollection is that provisions are in place already, in the Banking (Special Provisions) Act 2008, to ensure that the Treasury and the Bank of England do not act as shadow directors. If the Minister’s concern is genuine, why not replicate that Act’s provisions in the Bill?