Delegated Legislation
Motion made, and Question put forthwith (Standing Order No. 118(6)),
Financial Services and Markets
That the draft Investment Bank Special Administration Regulations 2011, which were laid before this House on 10 January, be approved.—(Mr Goodwill.)
Question agreed to.
Motion made, and Question put forthwith (Standing Order No. 118(6)),
Financial Services and Markets
That the draft Investment Bank (Amendment of Definition) Order 2011, which was laid before this House on 10 January, be approved.—(Mr Goodwill.)
Question agreed to.
European Union Documents
Motion made, and Question put forthwith (Standing Order No. 119(11)),
Financial Stabilisation Mechanism
That this House takes note of European Union Documents No. 9606/10, relating to a Council Regulation establishing a European financial stabilisation mechanism, No. 12119/10, relating to a draft amending budget No. 7 to the General Budget 2010-Statement of expenditure by Section-Section III-Commission, and No. 17361/10, Commission Communication on the European Financial Stabilisation Mechanism; supports the Government’s view that whilst it is in the interests of all Member States to support a stable and fully functioning euro area, financial assistance for euro area Member States should primarily be provided by other euro area Member States; and supports the Government’s position that the United Kingdom should not be required to contribute to the European Stability Mechanism that will permanently replace both the European Financial Stability Mechanism and the European Financial Stability Facility. —(Mr Goodwill.)
The Deputy Speaker’s opinion as to the decision of the Question being challenged, the Division was deferred until Wednesday 9 February (Standing Order No. 41(A).