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Pensions Bill

I am sorry, but the Government keep saying on the one hand that it is time-limited and then refusing to give a time limit. Either the Minister can stop the little white lies about whether it is time-limited, or he can accept my amendment, or a variant of my amendment, which I have generously now extended for an extra two years. I could negotiate for even longer. If we have a time-limited organisation—we are in agreement that we do not want PADA to exist beyond its proper functions—with no time limit, the danger is that it will carry on existing, because it will acquire functions that are within the rather generous description of its functions at the beginning. I will not pursue this now, but we might come back to it on Report. I beg leave to withdraw the amendment. Amendment, by leave, withdrawn. Clause 75 agreed to. Clause 76 [Stakeholder pension schemes]: [Amendment No. 113S had been withdrawn from the Marshalled List.]