Lord Geddes
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Crown Estate Bill [HL]
Lord Geddes ExcerptsMonday 14th October 2024
(1 month, 1 week ago)
Lords ChamberRead Full debate Crown Estate Bill [HL] 2024-26 Read Hansard Text Read Debate Ministerial Extracts Amendment Paper: HL Bill 5-I(a) Amendments for Committee (Supplementary to the Marshalled List) - (11 Oct 2024)
Lord Howard of Rising (Con)
My Lords, I thank the Minister for accepting the principle that there should be a limit on lending; 25% is probably more than I would have liked to go for, but nevertheless I am grateful that the principle has been accepted. That would probably be better in statute than in a memorandum of understanding, but perhaps I could reflect on that. Really, the Minister has taken the wind out of the sails of my Amendment 9, so I beg leave to withdraw it.
The Deputy Chairman of Committees (Lord Geddes) (Con)
As the noble Lord has spoken to the amendment, the Government may reply if they so wish.