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Clause 115

Part of Banking Bill – in a Public Bill Committee at 2:15 pm on 13th 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 2:15 pm, 13th November 2008

New clause 19 is a straightforward amendment to correct an omission in the original drafting. Clause 115 deals with the use in evidence of statements made in the course of insolvency proceedings. It simply extends existing provisions of the Insolvency Act 1986 to the bank insolvency procedure. New clause 19 is a technical Government amendment that simply replicates the provisions of clause 115 for the bank administration procedure.