Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Wednesday, 19 November 2008. It occurred during Debate on bill on Pensions Bill.
Pensions Bill
moved Amendment No. 19: 19: Clause 80, page 41, line 35, leave out from first ““conditions”” to end of line 36 and insert— ““(c) in the case of a loan, must be given on a condition requiring the loan to be repaid with interest at a rate approved by the Treasury. (3) Section 5 of the National Loans Act 1968 (rates of interest on certain loans out of the National Loans Fund) has effect as respects the rate of interest on a loan under this paragraph as it has effect as respects a rate of interest within subsection (1) of that section.”””” On Question, amendment agreed to. Clause 97 [Interpretation of Part]:
Secondary information
- Type
- Proceeding contribution
- Reference
- 705 c1152
- Session
- 2007-08
- Chamber / Committee
- House of Lords chamber
- Subjects
- Codes of practice Contributions Certification Finance Workplace pensions Pensions National insurance contributions Pension funds Standards Regulation Trusts Pensions Regulator National employment savings trust scheme
- Legislation
- Pensions Bill 2007-08
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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