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Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Tuesday, 31 March 2009. It occurred during Committee of the Whole House (HL) and Debate on bill on Postal Services Bill [HL].


Postal Services Bill [HL]

I am happy to write to the noble Lord to set out the precise provisions in the Act to see how close they are. The point I want to stress is that we are trying to replicate the facilities available to occupational trust-based schemes provided by Section 67 of the 1995 Act. The starting point is a general prohibition on impairment of accrued rights, which is what Section 67 is about. It says that you can do that if certain things are in place, in particular a consent process. However, there is a further provision which states that if things are set down in a prescribed manner, possibly in regulation, that can be done in addition. I stress that this provision should not be read as assuming that the Secretary of State can arbitrarily assume a directed, prescribed manner relating just to this scheme. That is not the intent of it. It is meant simply to replicate what would be available continually for the RMPP. Indeed, I believe that these provisions have been used by the scheme in fairly recent times.


Secondary information

Type
Proceeding contribution
Reference
709 c1000 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Conditions of employment Contracts Industrial relations Finance Liability EU law Insolvency Government assistance Government shareholding Private sector Pensions Partnerships Post offices Pension funds Pension Protection Fund Postal services Ofcom Postal Services Commission Post Office Modernisation Regulation Voting rights Technology Royal Mail TNT
Legislation
Postal Services Bill (HL) 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk