HC Deb 19 February 1987 vol 110 c1125
Mr. Ian Stewart

I beg to move Government amendment No. 55, in page 66, line 49, at end insert 'or any other person'.

Mr. Deputy Speaker

With this it will be convenient to take Government amendment No. 56.

Mr. Stewart

As it stands, subsection (1) is defective because it does not include, within the offence of providing materially false or misleading information to the Bank of England, cases where that information is provided indirectly, but when the provider knows the information would be used by the bank for supervisory purposes. An example would be a subsidiary providing false information to a parent bank for the purposes of the parent's consolidated reporting to the bank.

Amendment agreed to.

Amendment made: No. 56, in page 67, line 4, leave out 'that person' and insert 'the person providing the information'.—[Mr. Ian Stewart.]

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