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Pensions Bill

I, too, thank the Minister for that careful and considered response to my amendments. I will want to read carefully what he said, but he covered many of the aspects that needed to be covered. I still need to be clear in my mind that the handover of costs between PADA and the trustee corporation is adequately dealt with in his response, but I will look at that in detail in Hansard. The Minister criticised my Amendment No. 112WA, which refers to, "““taking one year with another””," on the basis that it meant that the corporation had to break even over two years. ““Taking one year with another”” is a standard phrase in dealing with corporations that need to break even over a period. I thought that I had been using it for 30-plus years, but I did not check it when I drafted it.