Previously called Standing Committees, Public Bill Commitees study proposed legislation (Bills) in detail, debating each clause and reporting any amendments to the Commons for further debate.
There are at least 16 MPs on a Committee, and the proportion of parties reflects the House of Commons, so the government always has a majority.
[Mr. Win Griffiths in the Chair]
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 104, in clause 2, page 1, line 11, leave out from 'the' to end of line 12 and insert 'chairman and approved by the Secretary of State.'.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 72, in schedule 1, page 166, line 22, leave out sub-paragraph (4).
[Mr. Win Griffiths in the Chair]
I beg to move amendment No. 122, in schedule 1, page 173, line 27, leave out subparagraph (1). The amendment makes such obvious good sense that I hardly need to speak in its favour. However, as...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 153, in clause 5, page 3, line 8, at end insert— '(e) to promote occupational pension provision by minimising regulatory burdens applying to well run schemes...
Question proposed, That the clause stand part of the Bill.
Amendment made: No. 10, in clause 7, page 4, line 1, leave out '8' and insert '8(1)'.—[Malcolm Wicks.] Clause 7, as amended, ordered to stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 124, in clause 9, page 5, line 2, at end insert— '(g) the duty to monitor the costs of enforcement of this Act upon occupational pension schemes and their...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 126, in clause 11, page 6, line 15, leave out subsection (5).
Amendments made: No. 75, in schedule 2, page 174, line 16, after 'power' insert 'by direction'. No. 76, in schedule 2, page 174, line 18, after 'power' insert 'by direction'.—[Malcolm Wicks.]
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 12, in clause 14, page 8, line 23, leave out 'in respect of ' and insert 'to'.
Amendment made: No. 16, in clause 15, page 9, line 36, leave out 'do any thing' and insert 'take action'.—[Malcolm Wicks.] Clause 15, as amended, ordered to stand part of the Bill.
I beg to move amendment No. 134, in clause 16, page 10, line 3, leave out 'a reasonable likelihood' and insert 'strong prima facie evidence'.
Amendment made: No. 17, in clause 18, page 10, line 43, leave out 'contributions within subsection (2) above' and insert 'employer contributions payable towards a personal pension...
I beg to move amendment No. 18, in clause 19, page 11, line 38, leave out 'and 107' and insert ', 107 and 177'. We are making rapid progress. This clause deals with the regulator's powers to...
[Mr. Win Griffiths in the Chair]
I beg to move amendment No. 137, in clause 20, page 12, line 14, leave out 'interests' and insert 'rights'.
Question proposed, That the clause stand part of the Bill.
Amendment made: No. 24, in clause 22, page 15, line 7, after 'sections' insert '[Effect of determination to wind up scheme on freezing order],' —[Mr. Pond.] Clause 22, as amended,...
Question proposed, That the clause stand part of the Bill.
Amendments made: No. 25, in clause 24, page 15, line 33, at end insert— '( ) If the trustees or managers of a scheme fail to comply with a direction to them contained in an order under...
Amendment made: No. 27, in clause 26, page 16, line 15, leave out paragraph (a).—[Mr. Pond.] Question proposed, That the clause, as amended, stand part of the Bill.
Amendment made: No. 28, in clause 27, page 17, line 33, leave out from 'If' to 'who' in line 35 and insert 'the trustees or managers of a scheme fail to comply with a direction to them...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 151, in clause 29, page 18, line 17, at end insert 'forthwith.'.
I beg to move amendment No. 29, in clause 30, page 18, line 40, leave out paragraph (a) and insert— '(a) after subsection (1)(a) insert— ''(aa) pending consideration being given...
I beg to move amendment No. 185, in clause 31, page 19, line 40, leave out— '(a) by the employer'.
Amendment made: No. 31, in clause 33, page 20, line 13, leave out 'for the purposes of Part 1 of the Pensions Act 1995'.—[Mr. Pond.]
[Mr. Win Griffiths in the Chair]
Amendment proposed [this day]: No. 188, in clause 33, page 20, line 31, leave out subsection (7).—[Mr. Osborne.] Question again proposed, That the amendment be made.
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 189, in clause 36, page 22, line 34, at end insert 'save that the register will be open to members of the public during normal working hours, but with the home...
I beg to move amendment No. 190, in clause 37, page 23, line 23, leave out 'as soon as reasonably practicable' and insert 'within 28 days'.
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 32, in clause 42, page 25, line 24, leave out 'a' and insert 'an occupational trust'. This is a drafting amendment, which merely clarifies that the provisions...
I beg to move amendment No. 193, in clause 43, page 27, line 6, at end insert 'but only to the extent that the collection of such information appears to the Regulator proportionate to the...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 194, in clause 45, page 28, line 9, leave out paragraph (e).
I beg to move amendment No. 204, in clause 47, page 30, line 21, at end insert— '(8) Where such an inspection is carried out under this Act, and no further action is taken by the...
I beg to move amendment No 33, in clause 48, page 30, line 46, after 'if' insert 'the inspector has reasonable grounds to believe that'. There should not be an absolute power of entry. There...
I beg to move amendment No. 206, in clause 49, page 31, line 34, at end insert 'and'.
I beg to move amendment No. 209, in clause 51, page 33, line 3, at end insert ', save that it shall be a defence under this section if a person who neglects or refuses to produce any document,...
I beg to move amendment No. 210, in clause 52, page 34, line 44, at end insert 'unless there is a prior successful application to a justice of the peace to have the warrant revoked.'. This is...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 211, in clause 55, page 36, line 8, leave out from 'register' to end of line 9. The more I look at it, the more I suspect that this is a wrecking amendment, because...
Amendment made: No. 34, in clause 56, page 36, line 14, after 'sections' insert '[Reports by skilled persons](9)'.—[Malcolm Wicks.] Question proposed, That the clause, as amended, stand...
[Mr. Win Griffiths in the Chair]
I beg to move amendment No. 35, in clause 57, page 37, leave out lines 6 and 7 and insert— '(c) by or on behalf of— (i) the Regulator, or (ii) any public authority (within the...
Question proposed, That the clause stand part of the Bill.
Question proposed, That this schedule be the third schedule to the Bill.
Amendments made: No. 37, in clause 61, page 38, leave out lines 11 and 12 and insert— '(a) by or on behalf of— (i) the Regulator, or (ii) any public authority (within the...
Amendment made: No. 40, in clause 62, page 39, line 37, after '(2)' insert 'above or section 19 of the Antiterrorism, Crime and Security Act 2001 (c.24) (disclosure of information held by...
I beg to move amendment No. 245, in clause 63, page 40, line 11, leave out 'absolutely privileged' and insert 'subject to qualified privilege'. We now get to the meat of today's debate. As we...
I beg to move amendment No. 41, in clause 64, page 40, line 22, after 'legislation' insert '(other than any enactment contained in or made by virtue of Part 2)'.
I beg to move amendment No. 248, in clause 65, page 41, line 34, after 'appropriate' insert 'including representatives of the pensions industry, of occupational pension schemes, trade unions...
Question proposed, That the clause stand part of the Bill.
Amendment made: No. 46, in clause 67, page 43, line 4, after 'power' insert 'by direction'.—[Malcolm Wicks.] Clause 67, as amended, ordered to stand part of the Bill. Clauses 68 and 69...
I beg to move amendment No. 198, in clause 70, page 44, line 39, leave out 'was' and insert 'is'.
I beg to move amendment No. 199, in clause 71, page 45, line 32, leave out 'and'.
I beg to move amendment No. 253, in clause 73, page 47, line 27, leave out 'as soon as reasonably practicable' and insert 'within seven days'. In useful exchanges on previous clauses, we...
I beg to move amendment No. 239, in clause 74, page 48, line 35, at end insert 'including sponsoring employers of any such schemes.'. The amendment would tighten up the wording of clause 74(2)...
I beg to move amendment No. 62, in clause 75, page 48, line 44, leave out 'or'.
I beg to move amendment No. 240, in clause 76, page 49, line 19, leave out subsection (3).
I beg to move amendment No. 85, in schedule 4, page 181, line 37, leave out from 'reference' to end of line 38 and insert 'to the Tribunal under this Act or any provisions in force in Northern...
Amendments made: No. 64, in clause 77, page 49, line 28, leave out 'a referral' and insert 'a reference'. No. 65, in clause 77, page 49, line 32, leave out 'a referral' and insert 'a...
I beg to move amendment No. 243, in clause 78, page 50, line 24, leave out 'with permission.'.
Amendment made: No. 67, in clause 79, page 51, line 8, leave out 'to appeal under section 78(2)(a)' and insert 'under section 78(2)(a) to appeal'.—[Malcolm Wicks.] Clause 79, as...
[Mr. James Cran in the Chair]
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 8, in clause 221, page 147, line 26, at end add— '(5) At the end of section 15 (3) of the State Pension Credit Act 2002, insert ''but capital shall be deemed...
I beg to move amendment No. 228, in schedule 10, page 219, line 3, leave out '(b)' and insert '(a)'. The amendment relates to one specific point in relation to the detail of the proposed option...
Amendment proposed [this day]: No. 226, in schedule 10, page 220, line 33, at end insert 'which shall be not less than two percentage points greater than the base rate of the Bank of...
I beg to move amendment No. 230, in clause 223, page 148, line 33, at end insert— '( ) This section also applies to claims for retirement pension or widow's benefit made before 1st March...
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
[Mr. Win Griffiths in the Chair]
'(1) The Secretary of State shall compile a list of all women whose record of National Insurance Contributions includes one or more years in which they paid contributions at the reduced rate for...
'From the date of coming into force of this Act, all state retirement pensions in payment to pensioners living outside the United Kingdom shall be subject to annual uprating by the same...
'The Secretary of State shall each year increase the basic retirement pension by not less than an amount equivalent to— (a) the percentage increase in the general level of earnings during...
[Mr. James Cran in the Chair]
I beg to move amendment No. 299, in clause 196, page 122, line 30, leave out 'one-third' and insert 'one-half'.
I beg to move amendment No. 297, in clause 198, page 125, line 2, leave out subsection (1). One of the peculiarities and joys of this Bill is that whenever we turn a corner, we stumble across a...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 307, in clause 200, page 126, line 25, at end insert— '(6) The trustees of an occupational pension scheme must ensure that persons wishing to become...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 278, in clause 203, page 128, line 17, after 'if' insert ', after the date on which he became employed by the transferor,'. I shall put the amendment in context....
I beg to move amendment No. 310, in clause 204, page 129, line 8, leave out from 'scheme' to end of line 12 and insert 'is certified by the actuary to be broadly comparable to the occupational...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 284, in clause 209, page 134, line 37, leave out 'insolvency' and insert 'relevant'.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 293, in clause 212, page 140, line 37, at end insert— '(5A) After subsection (6), insert— ''(7) Regulations may provide that this section does not...
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
[Mr. Win Griffiths in the Chair]
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
Malcolm Wicks rose—
Amendment made: No. 319, in clause 181, page 114, line 43, leave out from 'and' to end of line 44 and insert '— (a) the effective date of the first actuarial valuation must be not more...
[Mr. James Cran in the Chair]
Question proposed [this day], That the clause, as amended, stand part of the Bill. Question again proposed.
Amendment proposed: No. 320, in clause 182, page 115, line 21, leave out from 'with' to end of line 22 and insert 'regulations under section 179'.—[Malcolm Wicks.]
Amendments made: No. 325, in clause 183, page 116, line 8, after 'must', insert ', except in prescribed circumstances,'. No. 326, in clause 183, page 116, line 9, leave out 'as soon as is...
Amendments made: No. 327, in clause 184, page 116, line 25, after 'reviewed', insert ', and if necessary revised,'. No. 328, in clause 184, page 116, line 29, leave out subsection (5) and...
Amendment made: No. 335, in clause 185, page 117, line 20, leave out 'in writing as soon as reasonably practicable' and insert 'and to the members within a reasonable period'.—[Mr. Pond.]
I beg to move amendment No. 338, in clause 186, page 118, line 12, after first 'the' insert 'active'.
I beg to move amendment No. 342, in clause 187, page 118, line 27, after 'preparing', insert 'or revising'.
Amendments made: No. 345, in clause 188, page 119, line 13, leave out paragraph (e) and insert— '(e) that the trustees or managers— (i) have failed to prepare a schedule of...
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 347, in clause 82, page 52, line 18, at end insert— '(4A) Any person appointed as an ordinary member shall have knowledge and understanding of— (a) the...
Amendments made: No. 399, in schedule 5, page 187, line 2, leave out 'discharged' and insert 'exercised'. No. 400, in schedule 5, page 188, line 21, leave out 'such of the Board's' and insert...
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
Amendment made: No. 364, in clause 86, page 53, line 32, leave out 'discharged' and insert 'exercised'.—[Malcolm Wicks.] Clause 86, as amended, ordered to stand part of the Bill.
I beg to move amendment No. 365, in clause 87, page 54, line 25, after 'be', insert 'at least'.
I beg to move amendment No. 349, in clause 88, page 55, line 9, at end insert— '(5) The statement of investment principles prepared under this section shall be made available by all...
Question proposed, That the clause stand part of the Bill. Malcolm Wicks rose— Mr. Waterson rose—
[Mr. James Cran in the Chair]
I beg to move amendment No. 272, in clause 90, page 55, line 36, leave out 'other than', and insert 'and'.
Question proposed, That the clause stand part of the Bill.
[Mr. James Cran in the Chair]
Question proposed [this day], That the clause stand part of the Bill. Question again proposed.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 256, in clause 94, page 57, line 14, at end insert 'who shall have a duty to inform the members of the scheme'.
Amendment made: No. 366, in clause 95, page 58, line 23, at end insert— '( ) a meeting of creditors is held in relation to the company under section 95 of that Act (creditor's meeting...
Amendment made: No. 367, in clause 96, page 60, line 15, at end insert— '( ) Regulations may require notices issued under this section— (a) to be in a prescribed form; (b) to...
Amendments made: No. 282, in clause 97, page 60, line 34, after 'or', insert 'a qualifying relevant event within the meaning'. No. 283, in clause 97, page 60, line 38, after second 'event',...
I beg to move amendment No. 2, in clause 98, page 61, line 9, leave out subsection (2).
I beg to move amendment No. 416, in clause 99, page 61, line 14, leave out from 'where' to end of line 15 and insert— '(a) a qualifying insolvency event has occurred in relation to the...
Question proposed, That the clause stand part of the Bill.
Amendments made: No. 370, in clause 101, page 62, leave out lines 34 to 36 and insert— '(1) Where the trustees or managers of an eligible scheme become aware that—' No. 371, in...
Amendment made: No. 373, in clause 103, page 64, line 9, after 'which', insert 'the time immediately after'.—[Malcolm Wicks.] Clause 103, as amended, ordered to stand part of the Bill.
I beg to move amendment No. 441, in clause 104, page 64, line 23, leave out sub-paragraph (iii) and insert— '(iii) the conditions in section 119(2) (no scheme rescue but sufficient assets...
Amendment made: No. 376, in clause 105, page 65, line 6, at beginning of line insert 'Except in prescribed circumstances and subject to prescribed conditions,'.—[Mr. Pond.]
Amendments made: No. 378, in clause 107, page 66, line 20, leave out from 'scheme' to 'an' in line 21 and insert 'in pursuance of'. No. 379, in clause 107, page 66, line 25, leave out...
Amendments made: No. 447, in clause 108, page 67, line 4, leave out 'give a notice to that effect' and insert 'issue a notice to that effect and give a copy of that notice'. No. 448, in...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 452, in clause 111, page 68, line 26, leave out 'This section' and insert 'Subsection (2)'. This is a minor drafting amendment. Amendment agreed to. Amendment...
Amendments made: No. 455, in clause 112, page 69, line 25, leave out 'Chapter' and insert 'section'. No. 456, in clause 112, page 69, line 32, leave out 'those purposes' and insert 'the...
Amendment made: No. 457, in clause 114, page 70, line 20, leave out 'determination' and insert 'approval'.—[Malcolm Wicks.] Clause 114, as amended, ordered to stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
Amendment made: No. 458, in clause 117, page 72, line 16, leave out 'before the end of' and insert ', and no further insolvency event occurs in relation to the employer,...
Amendment made: No. 381, in clause 118, page 73, line 21, leave out paragraph (a).—[Malcolm Wicks.] Clause 118, as amended, ordered to stand part of the Bill.
Amendments made: No. 460, in clause 119, page 73, line 38, leave out subsections (1) to (5) and insert— '(1) Where, in relation to an eligible scheme, an assessment period within section...
Amendments made: No. 462, in clause 120, page 75, line 7, leave out from beginning of line to 'for' in line 8 and insert 'Where subsection (2) or (2A) applies in relation to an eligible...
[Mr. James Cran in the Chair]
Amendment made: No. 467, in clause 121, page 76, line 24, at end insert— '(2A) Where the Board makes a determination for the purposes of subsection (2), it must issue a determination...
Amendments made: No. 468, in clause 122, page 77, line 4, leave out 'or 121' and insert', 121 or [duty to assume responsibility for closed schemes]'. No. 469, in clause 122, page 77, line 7,...
I beg to move amendment No. 411, in clause 123, page 77, line 42, at end insert— '(7) The trustees or managers of such a scheme shall be discharged from any further liabilities of...
I beg to move amendment No. 413, in schedule 6, page 191, line 40, at end insert— '2A Any claims for unfair dismissal or other breach of a contract of employment arising therefrom are...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 355, in schedule 7, page 193, line 11, leave out from 'means' to end of line 13 and insert '90%'.
Mr. Win Griffiths in the Chair]
Amendment moved [this day]: No. 479, in schedule 7, page 200, line 41, leave out '27' and insert '25'.
Where— C is the compensation cap, and V is the annual value of benefit A or, in a case to which sub-paragraph (2)(b) applies, the aggregate of the annual values of benefit A and benefit...
Amendment made: No. 492, in clause 126, page 79, line 11, at end insert— '( ) In subsection (1) the reference to ''normal pension age'' is to normal pension age, within the meaning of...
I beg to move amendment No. 470, in clause 127, page 79, line 19, at end insert— '( ) In section 47 of the Pension Schemes Act 1993 (further provision concerning entitlement to a...
Amendments made: No. 493, in clause 128, page 79, line 22, after 'of' insert 'pensions or other'. No. 494, in clause 128, page 79, line 28, leave out 'is' and insert 'and ''scheme rules''...
Amendment made: No. 385, in clause 129, page 79, line 36, leave out 'section 105(5)' and insert 'section 107(4)'.—[Mr. Pond.] Clause 129, as amended, ordered to stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 352, in clause 131, page 80, line 33, at end insert— '(d) by agreeing that the purchase of annuities in respect of an occupational pension scheme which is in...
Amendments made: No. 386, in clause 132, page 80, line 38, leave out 'have accrued rights under the scheme' and insert 'are entitled, or have accrued rights, under the scheme rules'. No....
Amendment made: No. 495, in clause 133, page 81, line 36, leave out paragraph (a) and insert— '(a) the pension compensation provisions,'.—[Mr. Pond.] Question proposed, That the...
Amendments made: No. 471, in clause 134, page 82, line 3, leave out from 'given' to end of line 4 and insert 'in respect of a scheme within the first 12 months of an assessment period in...
I beg to move amendment No. 389, in clause 135, page 83, line 1, leave out 'income' and insert 'any income or capital gain'.
[Mr. James Cran in the Chair]
I beg to move amendment No. 184, in clause 136, page 83, line 39, after 'regulations', insert ', which shall be no earlier than the day on which the basis for calculating the risk-based levy in...
I beg to move amendment No. 520, in clause 137, page 84, line 3, leave out 'one or'.
I beg to move amendment No. 221, in clause 138, page 85, line 26, at end insert— '(3) The Secretary of State must approve any determination by the Board under section 137(5) in respect of...
[Mr. James Cran in the Chair]
I beg to move amendment No. 360, in clause 139, page 85, line 36, leave out '50%' and insert '75%'. Thank you for clarifying matters, Mr. Cran, although it has risked ruining my Easter recess....
I beg to move amendment No. 362, in clause 140, page 86, line 24, at end insert 'save that in the first year, the levy ceiling will be no higher than £600 million'. Not unreasonably, the...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 218, in clause 142, page 88, line 11, leave out from 'means' to '(within' in line 12 and insert 'a period of time no longer than two years after the initial period...
I beg to move amendment No. 279, in clause 143, page 88, line 21, at end insert— '( ) The trustees or managers of the scheme may charge a sum at least equivalent to the non-risked based...
Amendment made: No. 391, in clause 144, page 90, line 23, leave out from 'apply' to end of line 28 and insert— '(8A) For the purposes of this section, an insolvency event (''the current...
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
Amendments made: No. 392, in clause 150, page 94, line 9, leave out 'and'. No. 393, in clause 150, page 94, line 10, at end insert ', and ( ) any income or capital gain credited under...
Amendment made: No. 394, in clause 152, page 95, line 14, leave out from 'provide' to 'information' in line 15 and insert '— (a) to the Board, or (b) to a person— (i) with whom...
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
Amendment made: No. 396, in clause 155, page 97, line 31, leave out from 'required' to 'is' and insert 'to produce under section 153 or 154'.—[Malcolm Wicks.] Clause 155, as amended,...
Question proposed, That the clause stand part of the Bill.
Amendment made: No. 397, in clause 159, page 100, line 17, leave out 'other than the Board' and insert 'authorised under subsection (2)(b) of that section'.—[Malcolm Wicks.] Clause 159,...
Question proposed, That this schedule be the eighth schedule to the Bill.
Amendments made: No. 68, in clause 163, page 101, leave out lines 20 and 21 and insert— '(a) by or on behalf of— (i) the Board, or (ii) any public authority (within the meaning...
Amendment made: No. 71, in clause 164, page 102, line 41, after '(2)' insert 'above or section 19 of the Anti-terrorism, Crime and Security Act 2001 (c.24) (disclosure of information held by...
[Mr. James Cran in the Chair]
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill. Mr. Waterson: May I return to the principle of the issue of review? We entirely understand why there should be a PPF ombudsman and that...
May I ask for your guidance, Mr. Cran? Have we finished with clause 168?
I beg to move amendment No. 514, in clause 170, page 108, line 10, leave out 'or be removed'.
Amendments made: No. 531, in clause 171, page 109, line 4, after 'Fund', insert 'and any deputy to that Ombudsman appointed under section [Deputy PPF Ombudsmen] of the Pensions Act 2004.'....
I beg to move amendment No. 516, in clause 172, page 109, line 11, leave out 'the Secretary of State' and insert 'both Houses of Parliament'.
[Mr. Win Griffiths in the Chair]
Question proposed [this day], That the clause stand part of the Bill. Question again proposed. Question put and agreed to. Clause 172 ordered to stand part of the Bill.
I beg to move amendment No. 518, in clause 173, page 110, line 34, at end insert 'taking into account but not being limited to remedies available by way of legal action in the civil courts'. I...
I beg to move amendment No. 537, in clause 174, page 111, line 38, at end insert— '( ) To assist him in an investigation, the PPF Ombudsman may obtain advice from any person who in his...
I beg to move amendment No. 538, in clause 175, page 111, line 44, at end insert— '( ) The PPF Ombudsman may refer any question of law arising for determination in connection with a...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 501, in clause 177, page 112, line 41, at end insert— '(1A) Subsection (2) also applies where— (a) the trustees or managers of an eligible...
Amendment made: No. 504, in clause 224, page 150, line 21, leave out 'an order under this section' and insert 'subsection (2)'.—[Mr. Pond.] Question proposed, That the clause, as...
Question proposed, That the clause stand part of the Bill.
Amendment made: No. 505, in clause 226, page 151, line 1, leave out 'an order under this section' and insert 'subsection (2)'.—[Mr. Pond.] Clause 226, as amended, ordered to stand...
Service of notifications and other documents Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 558, in clause 228, page 153, line 17, at end insert 'and in the application of this section to Northern Ireland by virtue of section 246(2)(f)(ii) also includes the...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 559, in clause 230, page 154, line 13, leave out 'section 204' and insert 'sections [no indemnification for fines or civil penalties] and 204'.
[Mr. Win Griffiths in the Chair]
I beg to move amendment No. 560, in clause 231, page 154, line 39, leave out 'and'.
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
The clause makes provision in relation to secondary legislation made under the Bill. It provides that any power under the Bill to make subordinate legislation is exercisable by statutory...
Amendment made: No. 562, in clause 239, page 159, line 12, at end insert— '( ) regulations which make provision by virtue of section (Further provisions about regulations relating to...
I hope that this is, in a sense, an apology from Ministers for the problems of lack of consultation, late tabling of amendments and so on. It is extremely important that there is proper...
[Mr. Win Griffiths in the Chair]
Question proposed [this day], That the clause stand part of the Bill. Question again proposed.
Amendments made: No. 90, in schedule 11, page 229, line 6, at end insert— ' In section 53 (supervision: former contracted-out schemes), after subsection (1B) insert— ''(1C) But...
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 101, in schedule 12, page 232, line 29, leave out '1' and insert '2'. The hon. Member for Eastbourne said that earlier in his career he took a comma all the way to...
Question proposed, That the clause stand part of the Bill.
Question proposed, That the clause stand part of the Bill.
I beg to move amendment No. 539, in clause 246, page 162, line 46, at beginning insert 'Subject to the following provisions,'.
Amendments made: No. 565, in clause 247, page 163, line 27, at beginning insert '(1)'. No. 566, in clause 247, page 163, line 34, at end insert— '(2) Where an Order in Council to which...
Question proposed, That the clause stand part of the Bill.
[Mr. Win Griffiths in the Chair]
No. NC2, to move the following Clause:— '(1) This section applies where— (a) the Regulator determines to make an order under section 11 of the Pensions Act 1995 (c.26) (power to...
No. NC3, to move the following Clause:— '(1) The Regulator may issue a notice (a ''report notice'') to— (a) the trustees or managers of a work-based pension scheme, (b) any employer...
No. NC10, to move the following Clause:— '(1) This section applies where section 120(2) or (2A) (scheme rescue not possible but scheme has sufficient assets to meet the protected...
No. NC11, to move the following Clause:— '(1) In this section ''closed scheme'' means an eligible scheme which is authorised under section [schemes required to wind up but unable to buy...
No. NC12, to move the following Clause:— '(1) Regulations may make provision requiring the trustees or managers of closed schemes to obtain actuarial valuations of the scheme at such...
No. NC13, to move the following Clause:— '(1) If at any time the trustees or managers of a closed scheme become aware that the value of the assets of the scheme is less than the amount of...
New Clause 14Duty to assume responsibility for closed schemes
No. NC14, to move the following Clause:— '(1) Where the trustees or managers of a closed scheme— (a) make an application under subsection (1) of section [applications and...
No. NC15, to move the following Clause:— '(1) This section applies where— (a) an application is made under subsection (1) of section [applications and notifications where closed...
No. NC16, to move the following Clause:— '(1) For the purposes of this Chapter, ''reviewable matter'' means a matter mentioned in Schedule [Reviewable matters]. (2) Regulations may...
'(1) The Secretary of State may appoint one or more persons to act as a deputy to the PPF Ombudsman (''a Deputy PPF Ombudsman''). (2) Any such appointment is to be on such terms and conditions...
New Clause 22Publishing reports etc
'(1) If the PPF Ombudsman considers it appropriate to do so in any particular case, he may publish in such form and manner as he considers appropriate a report of any investigation carried out...
'(1) In subsection (2) of section 145 of the Pension Schemes Act 1993 (c. 48) (the Pensions Ombudsman) after ''hold'' insert ''and vacate''. (2) For subsection (3) of that section...
'(1) After section 146(4) of the Pension Schemes Act 1993 (c. 48) (power to apply Part 10 of that Act to those concerned with the administration of a scheme) insert— ''(4A) For the...
'(1) Omit section 54 of the Child Support, Pensions and Social Security Act 2000 (c.19) (''the 2000 Act'') (which amends sections 148, 149 and 151 of the Pension Schemes Act 1993 (c. 48) and...
'(1) Omit section 111 of the Pension Schemes Act 1993 (c. 48) (requirements for schemes to provide facilities for members to pay voluntary contributions, and relating to any such contributions)....
'For section 67 of the Pensions Act 1995 (c. 26) substitute— 67 The subsisting rights provisions (1) The subsisting rights provisions apply to any power conferred on any person by an...
'(1) The Board may, if it considers it appropriate to do so in any particular case, publish a report of the exercise of, or any matter arising out of or connected with the exercise of, any of...
'(1) No amount may be paid out of the assets of an occupational or personal pension scheme for the purpose of reimbursing, or providing for the reimbursement of, any trustee or manager of the...
'(1) In section 71 of the Pension Schemes Act 1993 (c. 48) (basic principle as to short service benefit), for subsection (3) substitute— ''(3) Subject to subsection (4), short service...
'(1) Regulations may require any prescribed person who is the employer in relation to an occupational pension scheme and who— (a) proposes to make a prescribed decision in relation to...
'(1) Regulations may require any prescribed person who— (a) is the employer in relation to a personal pension scheme where direct payment arrangements exist in respect of one or more...
'(1) In this section ''consultation regulations'' means regulations under section (Consultation by employers: occupational pension schemes) or (Consultation by employers: personal pension...
'(1) Part 1 of the Pensions Act 1995 (occupational pension schemes) is amended as follows. (2) In section 22 (circumstances in which provisions relating to independent trustees apply)—...
'(1) This section applies in relation to an occupational pension scheme other than— (a) a money purchase scheme, or (b) a prescribed scheme or a scheme of a prescribed description. ...
New Clause 40The sum specified in a section [Contribution notices where avoidance of employer debt] contribution notice
'(1) The sum specified by the Regulator in a contribution notice under section [Contribution notices where avoidance of employer debt] may be either the whole or a specified part of the...
'(1) This section applies where a contribution notice is issued to a person under section [Contribution notices where avoidance of employer debt]. (2) The contribution notice must— (a)...
'(1) This section applies where a contribution notice is issued to a person under section [Contribution notices where avoidance of employer debt] and condition A or B is met. (2) Condition A is...
'(1) This section applies in relation to an occupational pension scheme other than— (a) a money purchase scheme, or (b) a prescribed scheme or a scheme of a prescribed description. ...
[Mr. James Cran in the Chair]
'(1) This section applies in relation to an occupational pension scheme other than— (a) a money purchase scheme, or (b) a prescribed scheme or a scheme of a prescribed description. ...
'(1) This section applies for the purposes of section [Financial support directions] (financial support directions). (2) A company (''C'') is a ''service company'' at the relevant time if C's...
'(1) For the purposes of section [Financial support directions] (financial support directions), ''financial support'' for a scheme means one or more of the arrangements falling within subsection...
'(1) This section applies where there is non-compliance with a financial support direction issued in relation to a scheme under section [Financial support directions]. (2) The Regulator may...
'(1) The sum specified by the Regulator in a contribution notice under section [Contribution notices where non-compliance with financial support direction] may be either the whole or a specified...
'(1) This section applies where a contribution notice is issued to a person under section [Contribution notices where non-compliance with financial support direction]. (2) The contribution...
'(1) This section applies where a contribution notice is issued to a person under section [Contribution notices where non-compliance with financial support direction] and condition A or B is met....
'(1) In sections [Financial support directions] to [Section [Contribution notices where non-compliance with financial support direction]: relationship with employer debt]— ''company'' has...
'(1) The amount of the Minimum Retirement Income shall be set for each financial year following consultation by the Chancellor of the Exchequer by order. (2) An order under this section shall,...
'The Secretary of State shall prepare an annual report setting out changes made to the pension position of women.'.—[Vera Baird.] Brought up, and read the First time.
1 Whether an occupational pension scheme is an eligible scheme. 2 The issue of, or failure to issue, a notice under section 97(2) (Board's duty where insolvency practitioner fails to give a...
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