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Proceeding contribution from Lord Tunnicliffe (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. 130DT to 130DZ: 130DT: Schedule 5, page 78, line 2, after first ““compensation”” insert ““that derive from rights under a specified pension scheme are to”” 130DU: Schedule 5, page 78, line 10, at end insert— ““(c) ““specified”” means specified in the order.”” 130DV: Schedule 5, page 78, line 39, leave out from beginning to ““the”” and insert ““are”” 130DW: Schedule 5, page 79, leave out lines 1 to 7 and insert— ““( ) For the purposes of subsection (3)(a), rights to PPF compensation ““are the subject of pension attachment”” if any of the following three conditions is met. ( ) The first condition is that— (a) the rights derive from rights under a pension scheme in relation to which an order was made under section 23 imposing a requirement by virtue of section 25B(4), and (b) that order, as modified under section 25E(3), remains in force. ( ) The second condition is that— (a) the rights derive from rights under a pension scheme in relation to which an order was made under section 23 imposing a requirement by virtue of section 25B(7), and (b) that order— (i) has been complied with, or (ii) has not been complied with and, as modified under section 25E(5), remains in force. ( ) The third condition is that— (a) the rights derive from rights under a pension scheme in relation to which an order was made under section 23 imposing a requirement by virtue of section 25C, and (b) that order remains in force.”” 130DX: Schedule 5, page 84, line 2, after first ““compensation”” insert ““that derive from rights under a specified pension scheme are to”” 130DY: Schedule 5, page 84, line 8, at end insert— ““(3) In sub-paragraph (1) ““specified”” means specified in the order.”” 130DZ: Schedule 5, page 84, line 19, leave out from beginning to ““the”” and insert ““are”” On Question, amendments agreed to.


Secondary information

Type
Proceeding contribution
Reference
703 c1065 
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