Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Monday, 14 July 2008. It occurred during Committee of the Whole House (HL) and Debate on bill on Pensions Bill.
Pensions Bill
moved Amendments Nos. 130BZA to 130BZC: 130BZA: Clause 94, page 46, line 34, leave out from ““means”” to ““of”” in line 35 and insert— ““(a) where the relevant order or provision specifies a percentage to be transferred, that percentage”” 130BZB: Clause 94, page 46, line 36, at end insert— ““(b) where the relevant order or provision specifies an amount to be transferred, the lesser of— (i) that specified amount, and (ii) the cash equivalent of the relevant compensation on the valuation day.”” 130BZC: Clause 94, page 46, line 40, leave out ““under those provisions”” and insert ““to PPF compensation that derive from rights under the specified scheme”” On Question, amendments agreed to. [Amendment No. 130BA not moved.]
Secondary information
- Type
- Proceeding contribution
- Reference
- 703 c1048
- Session
- 2007-08
- Chamber / Committee
- House of Lords chamber
- Subjects
- Compensation Companies Annuities Competition Administrative delays Equality Health Eligibility Gender Income tax Divorce Insolvency Discrimination Financial assistance scheme Index linking Private sector Workplace pensions Pensions Lump sum payments Pension Protection Fund PAYE Scotland State retirement pensions Regulation Taxation Retirement State earnings related pension scheme Pensions Regulator Private equity Civil partnerships dissolution State second pension Impact assessments
- Legislation
- Pensions Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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