Part of Pensions Bill – in a Public Bill Committee at 10:45 am on 22 January 2008.
Andrew Selous
Shadow Minister (Work and Pensions)
10:45,
22 January 2008
The Minister has thrown a lot of light on that area. His comment about foreign workers—the example involved Americans—coming here for short periods and going back serves to underline the importance of looking at the issue of transferring out in a few years’ time, when someone is seconded to this country for, say, two years. Perhaps that American might be more interested in getting his contributions back out and putting them in his 401(k) scheme back in America, rather than leaving two years of contributions in the British personal accounts scheme.
I am also grateful for clarification on agency workers. My reading of Clause 1(1)(a) is that what the Minister has outlined is not what is down in the Bill. Perhaps other parts of the Bill mean that it will be all right for an agency worker who is working overseas to contribute to personal accounts, if the agency is based in the UK. I hope that a legal challenge cannot be mounted on subsection (1)(a).
I am also grateful to the hon. Member for Inverness, Nairn, Badenoch and Strathspey for his points on workers having more than one job, and we will undoubtedly come back to that issue in other parts of the Bill. The Minister was reasonable in his response, and I am aware of the point that he was making.
A parliamentary bill is divided into sections called clauses.
Printed in the margin next to each clause is a brief explanatory `side-note' giving details of what the effect of the clause will be.
During the committee stage of a bill, MPs examine these clauses in detail and may introduce new clauses of their own or table amendments to the existing clauses.
When a bill becomes an Act of Parliament, clauses become known as sections.
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A parliamentary bill is divided into sections called clauses.
Printed in the margin next to each clause is a brief explanatory `side-note' giving details of what the effect of the clause will be.
During the committee stage of a bill, MPs examine these clauses in detail and may introduce new clauses of their own or table amendments to the existing clauses.
When a bill becomes an Act of Parliament, clauses become known as sections.