Clause 5 — Power to repeal high income excess relief charge

Part of Bill Presented — Superannuation Bill – in the House of Commons at 3:15 pm on 15th July 2010.

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Photo of Justine Greening Justine Greening The Economic Secretary to the Treasury 3:15 pm, 15th July 2010

I can see that the hon. Lady and other Opposition Members are following a particular train of inquiry, and that is perfectly right-it is the purpose of this debate. I just draw her attention to the fact that the clause gives the Government the power to repeal the previous measures if we can find a better alternative. If we cannot, I assure her that we will leave what is in place. However, does she agree with the Institute for Fiscal Studies, which described the measures that the previous Government proposed as unfair?

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