Clause 31

Part of Financial Services Bill – in a Public Bill Committee at 6:00 pm on 15 December 2009.

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Photo of Andrew Love Andrew Love Labour, Edmonton 6:00, 15 December 2009

Would the hon. Gentleman accept that the level of uncertainty here is significant? I assume that most of the figures that he seeks from the Minister are deposited with the RBS, which must put a valuation on its assets and has indicated that it will have a programme of sale of assets. Only when it goes to market and realises a value for those assets will we know in truth what the situation is in regard to this asset deposit scheme.