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  Banking (Special Provisions) Bill - Timetable
  
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  <p>The majority voted to establish a fixed schedule[1] for the passage of the <a href="http://www.publications.parliament.uk/pa/cm200708/cmbills/073/08073.i-ii.html">Banking (Special Provisions) Bill</a>.  In particular, it instructs the Speaker not to adjourn the House on 21 February until the Bill received its Royal Assent.</p>
  
  <p>This Bill confers wide powers onto the Government to nationalize banks, but is understood to be for the purpose of nationalizing Northern Rock.[2]  Had it named Northern Rock explicitly, it would be a <a href="http://en.wikipedia.org/wiki/Private_bill">Private Bill</a> or a <a href="http://en.wikipedia.org/wiki/Hybrid_bill">Hybrid Bill</a>, and therefore be subject to a different set of processes of consultation and review than a general purpose <a href="http://en.wikipedia.org/wiki/Public_bill">Public Bill</a> which in practice can be moved more quickly.[3]
  
  <ul>
  <li>[1] <a href="http://www.theyworkforyou.com/debates/?id=2008-02-19a.157.0#g157.1">Yvette Cooper MP (Chief Secretary, HM Treasury)</a>, 19 February 2008.</li>
  <li>[2] <a href="http://news.bbc.co.uk/2/hi/business/7249575.stm">Northern Rock to be nationalised</a>, BBC, 17 February 2008.</li>
  <li>[3] <a href="http://www.theyworkforyou.com/debates/?id=2008-02-19a.157.0#g166.1">Yvette Cooper MP</a>, 19 February 2008.</li>
  </ul>
  
  
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