Clause 7 - Application of 1993, 1995 and 2004 acts to SaRa schemes

Rights of Savers Bill

Public Bill Committees, 14 December 2005, 3:30 pm

Question proposed, That the clause stand part of the Bill.

Photo of Malcolm Rifkind

Malcolm Rifkind (Shadow Secretary of State for Work & Pensions & Welfare Reform, Work & Pensions & Welfare Reform; Kensington & Chelsea, Conservative)

I am glad that the Committee has moved into a new phase in which even the Government agree to and do not oppose clauses. I am grateful to the Minister for that, but I do not draw any conclusions from it.

Similarly to clause 6, clause 7 is a consequential miscellaneous provision with regard to the application of the Pension Schemes Act 1993, Pensions Act 1995 and the Pensions Act 2004 to saving and retirement account schemes. I commend it to the Committee.

Question put and agreed to.

Clause 7 ordered to stand part of the Bill.