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Postal Services Bill [HL]

My Lords, more than a flavour. The record of this short debate should make clear what Clause 16(4) actually means in terms of, ""treating a new public scheme as an occupational pension scheme"," and all that goes with an occupational pension scheme—that is, the right of consultation. If I was a difficult person, I would be arguing that it needed a trustee’s agreement, rather than just being consulted, but I think enough has been said. There is very little between us. I shall look at what has been said. I am sure that the trustees of both the existing scheme and the new scheme will be heartened to know that the occupational pension scheme general terms of consultation will apply. I beg leave to withdraw the amendment. Amendment 34 withdrawn.