John Gilroy (Labour)

I thank the Minister and his officials for attending the House. This is a very important Bill and as others have commented, if it were not for the crisis that occurred in 2008, we would never have faced this. Whether the Bill is ever used or is ever necessary, it is on the Statute Book and that creates confidence among the financial institutions that we now have a mechanism to deal with distressed institutions. The Labour Party supports this Bill. We had a good, brief debate and I would be grateful if all such debates in this Chamber were as brief and concise.