New Clause 4

Part of Financial Mutuals Arrangements Bill – in a Public Bill Committee am 10:00 am ar 25 Ebrill 2007.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Nicholas Winterton Nicholas Winterton Ceidwadwyr, Macclesfield 10:00, 25 Ebrill 2007

May I congratulate my hon. Friend the Member for Bournemouth, West on introducing the Bill and on the huge amount of work that he and his advisers have put in? At the same time, may I pay tribute to the Treasury and the Government for accepting the merits of the Bill? My hon. Friend might have been the fuse that activated the Government to produce this legislation, which is long overdue and very beneficial to the mutual movement. I have discussed the matter with him and I am truly amazed at the amount of work that he has put in. I also thank the Treasury for the way in which it has co-operated with him in putting the basis of good legislation on the statute book.