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Banking (Special Provisions) Bill [money]

Volume 472: debated on Tuesday 19 February 2008

Queen’s recommendation having been signified—

Motion made, and Question put forthwith, pursuant to Standing Order No. 52(1)(a),

That, for the purposes of any Act resulting from the Banking (Special Provisions) Bill, it is expedient to authorise the payment out of money provided by Parliament of—

(a) any expenditure incurred by the Treasury in connection with any guarantee arrangements put in place to protect some or all of the depositors or other creditors of any deposit-taker,

(b) any expenditure incurred by the Treasury in connection with the provision of financial assistance, or the giving of any indemnity, for any purpose connected with the Act, and

(c) any other expenditure incurred by the Treasury by virtue of the Act.—[Liz Blackman.]

Question agreed to.