(10 years ago)
Ministerial CorrectionsI may have missed this, but did the Minister give an assurance regarding the larger credit unions that operate a wider scope of banking services in relation to current accounts?
I did not. I am sorry—I must have missed the hon. Lady’s request on that point. To the extent to which larger credit unions are offering current accounts, which I defined as carefully as I could in my opening remarks, they will be captured by the legislation.
[Official Report, Fifth Delegated Legislation Committee, 5 November 2014; c. 11.]
Letter of correction from Andrea Leadsom:
An error has been identified in the response given to the hon. Member for Kilmarnock and Loudoun (Cathy Jamieson) in the Fifth Delegated Legislation Committee debate on 5 November 2014.
The correct response should have been:
I did not. I am sorry—I must have missed the hon. Lady’s request on that point. To the extent to which larger credit unions are offering current accounts, which I defined as carefully as I could in my opening remarks, they will not be captured by the legislation