HC Deb 30 October 1986 vol 103 c524

Lords amendment: No. 41, after clause 40, insert the following new clause— .—(1) A person for the time being included in a list maintained by the Bank of England for the purposes of this section "a listed institution" is an exempted person in respect of, and of anything done for the purposes of, any transaction to which Part I or Part II of Schedule (Listed money market institutions) to this Act applies and in respect of any arrangements made by him with a view to other persons entering into a transaction to which Part III of that Schedule applies. (2) The conditions imposed by the Bank of England for admission to the list referred to in this section and the arrangements made by it for a person's admission to and removal from the list shall require the approval of the Treasury; and this section shall cease to have effect if that approval is withdrawn but without prejudice to its again having effect if approval is given for fresh conditions or arrangements. (3) The Bank of England shall publish the list as for the time being in force and provide a certified copy of it at the request of any person wishing to refer to it in legal proceedings. (4) Such a certified copy shall be evidence or, in Scotland, sufficient evidence of the contents of the list; and a copy purporting to be certified by or on behalf of the Bank shall be deemed to have been duly certified unless the contrary is shown.

Mr. Howard

I beg to move, That this House doth agree with the Lords in the said amendment.

Mr. Deputy Speaker

With this it will be convenient to discuss the following amendments: No. 57, page 29, line 24, after "40" insert ", (Listed money market institutions". No. 435, after schedule 3, insert the following new schedule—