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Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Thursday, 10 July 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.


Pensions Bill

Perhaps I may clarify one point. The noble Baroness suggested that about £50 million will be spent by the end of this year but we do not know what it will be spent on. PADA will produce an annual report and be required to lay its accounts before Parliament, so what is spent will be clear as we go along. I know that that is not the same as forward estimates for the scheme as a whole, but it is not right to say that what is spent will not be accounted for, if that was the implication.


Secondary information

Type
Proceeding contribution
Reference
703 c939 
Session
2007-08
Chamber / Committee
House of Lords chamber
Subjects
Crimes against humanity Finance Fees and charges Investment Employment agencies Genocide Index linking Personal savings Low incomes Public appointments Workplace pensions Pensions Migrant workers Temporary employment Shipping War crimes Personal Accounts Delivery Authority National employment savings trust scheme
Legislation
Pensions Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk