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Proceeding contribution from Lord Clarke of Hampstead (Labour) in the House of Lords on Monday, 11 May 2009. It occurred during Debate on bill on Postal Services Bill [HL].


Postal Services Bill [HL]

Clause 21: Restriction on power to transfer assets Amendment 55 55: Clause 21, page 11, line 7, at end insert— "( ) For the purposes of subsection (1), the liabilities of the RMPP in respect of pensions and other benefits shall be calculated and verified by the actuary appointed by the trustee of the RMPP under section 47 of the Pensions Act 1995 (c. 26), on the assumption that they will be discharged by the purchase of annuities of the kind described in section 74(3)(c) of that Act (discharge of liabilities; annuity purchase)."


Secondary information

Type
Proceeding contribution
Reference
710 c880 
Session
2008-09
Chamber / Committee
House of Lords chamber
Subjects
Consumers Companies Directors Annual reports Finance Government shareholding Protection Pensions Post offices Prices Postal services Ofcom Post Office Regulation Taxation Royal Mail Reorganisation Universal service obligation Shared ownership schemes TNT Employee ownership
Legislation
Postal Services Bill (HL) 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk