Clause 223 - Defined benefits arrangements

Finance Bill – in a Public Bill Committee at 3:15 pm on 17th June 2004.

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Amendments made: No. 452, in

clause 223, page 185, line 40, leave out from first 'the' to end of line 41 and insert

'annual rate of the pension which would, on the valuation assumptions (see section (Valuation assumptions)), be payable to the individual under the arrangement if the individual became'.

No. 453, in

clause 223, page 185, line 44, leave out from 'would' to 'entitled' in line 1 on page 186 and insert

', on the valuation assumptions, be entitled under the arrangement (otherwise than by commutation of pension) if the individual became'.

No. 454, in

clause 223, page 186, line 6, leave out from first 'the' to end of line 7 and insert

'annual rate of the pension which would, on the valuation assumptions, be payable to the individual under the arrangement if the individual became'.

No. 455, in

clause 223, page 186, line 9, leave out from 'would' to 'entitled' in line 11 and insert

', on the valuation assumptions, be entitled under the arrangement (otherwise than by commutation of pension) if the individual became'.—[Ruth Kelly.]

Clause 223, as amended, ordered to stand part of the Bill.