---

Pension Protection Fund (Investigation by PPF Ombudsman of Complaints of Maladministration) Regulations 2005

I am not sure that I go as far as to say that it was a mistake. The noble Lord will know that many regulations have had to be made that arise from the pensions legislation. Some of those regulations have had to be written in the light of discussions and of input from a number of people. The change that has had to be made here is a result of that. Of course, it would be better if we had not had to make an amendment so soon after the order was laid. I am happy to acknowledge that point, but I do not think that it is anything more than the fact that new information came to light. We had to make the amendment as a result. The noble Lord, Lord Oakeshott of Seagrove Bay, raised a question about how well the PPF had been doing since it was set up. It has had a successful launch. As at 1 July, it has had 71 notices from insolvency practices, and 10 schemes have started an assessment procedure.