Clause 24 - Effect of winding up of

Pensions Bill – in a Public Bill Committee at 10:15 am on 11th March 2004.

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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 this section, section 10 of the 1995 Act (civil penalties) applies to any trustee or manager who has failed to take all reasonable steps to secure compliance.'.

No. 26, in

clause 24, page 15, line 34, leave out

'Section 10 of the 1995 Act (civil penalties) applies to a'

and insert

'That section also applies to any other'.—[Mr. Pond.]

Clause 24, as amended, ordered to stand part of the Bill.

Clause 25 ordered to stand part of the Bill.