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Pensions Bill

My Lords, the Minister reminds me of an incident many years ago when a noble Lord who had a stutter addressed the House. That stuttering space, while he managed to get the next word of his sentence out, meant ““actually””. The Minister reiterates a whole phrase again and again. However, he can set his mind at rest because I have no intention of dividing the House on these amendments. I appreciate that Clause 40 sets out the maximum and that it is very unlikely—I hope impossible—that they will ever be reached. Indeed, I pointed out that the £50,000 has not been reached in the past 13 years. However, I make no apologies whatever for tabling these amendments as, if I had not done so, I would not have discovered that the Government were considering setting penalties depending on the size of the employing firm. That is the underlying idea behind these two amendments. I am very pleased to hear that, as I am sure employers will be. I beg leave to withdraw the amendment. Amendment, by leave, withdrawn. Clause 40 [Escalating penalty notices]: [Amendment No. 37 not moved.]