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Amendment 15

Part of Corporate Insolvency and Governance Bill - Report (and remaining stages) – in the House of Lords at 5:02 pm on 23rd June 2020.

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Lord Fox:

Moved by Lord Fox

15: Clause 1, page 19, line 7, at end insert—“( ) However, the court may not give permission for the disposal of any property or asset under subsection (1) which has been pledged to the company’s defined benefit pension scheme unless the Pension Protection Fund has given prior permission for its disposal.”