Clause 33 - Regulator's right to apply under
Pensions Bill
11:15 am
Mr Chris Pond (Parliamentary Under-Secretary, Department for Work and Pensions; Gravesham, Labour)
Let me explain that the clause is designed to give the regulator the same standing as insolvency practitioners to pursue any debt due to a pension scheme by reason of transactions that it suspects were made at an undervalue—
It being twenty-five minutes past Eleven o'clock, The Chairman adjourned the Committee without Question put, pursuant to the Standing Order.
Adjourned till this day at Two o'clock.