§ 26 Clause 12, page 5, line 33, at end insert—
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( ) In making the code the regulator shall ensure that the economic effect of all commitments to make payments over periods exceeding one year is taken into account.
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The Commons disagree to this amendment for the following reason—
§ 26A Because the provision is not necessary for a borrowing code.
§ Lord WarnerMy Lords, I have spoken to this amendment with Amendment No. 5.I beg to move.
§ Moved, That the House do not insist on its Amendment No. 26, to which the Commons have disagreed for their reason numbered 26A.—(Lord Warner.)
§ On Question, Motion agreed to.