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Occupational Pension Schemes (Contracting-out) (Amendment) Regulations 2009

I always read my brief verbatim; I am a noble servant of the Government. The noble Lord, Lord Skelmersdale, asked me to interpret new Regulation 69B. I will have a go, but the important thing to recognise is its reference to Condition 4 of Section 24B of the 1993 Act. Condition 4 is one of five conditions, and requires that the converted scheme provides certain survivor benefits in circumstances and during periods that are prescribed by regulations. That is the thrust of that condition and the thrust of what new Regulation 69B seeks to address. Rather than test the noble Lord’s patience today, I am happy to have a private word with him or to write him further if he so wishes.