text_body: --- DIVISION TITLE ---
  
  Banking (Special Provisions) Bill - Sunset clause
  
  --- MOTION EFFECT ---
  
  
  
  
  <p>The majority voted against changing the duration of powers to nationalize banks provided by <b>Banking (Special Provisions) Bill</b>[1] from one year[2] to one month.[3]</p>
  
  <p>This provision in law is commonly known as a <a href="http://en.wikipedia.org/wiki/Sunset_clause">sunset clause</a>.  Without it, the powers conferred to the Government by the legislation continues indefinitely or until a future Act of Parliament changes it.</p>
  
  <ul>
  <li>[1] <a href="http://www.publications.parliament.uk/pa/cm200708/cmbills/073/08073.i-ii.html">Banking (Special Provisions) Bill</a></li>
  <li>[2] <a href="http://www.publications.parliament.uk/pa/cm200708/cmbills/073/08073.1-7.html#j001">See section (8), of Clause 2</a>, Banking (Special Provisions) Bill</li>
  <li>[3] <a href="http://www.theyworkforyou.com/debates/?id=2008-02-19b.236.4#g255.1">Philip Hammond MP</a>, House of Commons, 19 February 2008.</li>
  </ul>
  
  
  
  
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  