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Proceeding contribution from Chris Leslie (Labour) in the House of Commons on Wednesday, 10 November 2010. It occurred during Debate on bill and Committee of the Whole House (HC) on Equitable Life (Payments) Bill.


Equitable Life (Payments) Bill

I am grateful to the Minister for setting out the information about the preferred vehicle for the payment scheme. Although we would have preferred to see some of the issues regarding the design of the scheme independently set out and enshrined in the Bill for the avoidance of doubt, I accept his commitment in making these points on the record. Similarly, in respect of the appeals mechanism, this debate has given us the opportunity to shed a little light on to how he envisages that arrangement playing out. I hope that the Minister's commitment to allowing further parliamentary scrutiny will not involve merely tabling a negative resolution on the Order Paper so that Members have to beg the indulgence of those on the Treasury Bench to find time to debate it. Given the amount of interest in these matters across the House, the affirmative procedure would be preferable, as that would allow us to consider them in detail. With that, I beg to ask leave to withdraw the amendment. Amendment, by leave, withdrawn.


Secondary information

Type
Proceeding contribution
Reference
518 c335 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Compensation Financial services Insolvency Equitable Life Assurance Society Pensioners Payments Equitable Life Ex-gratia Payment Scheme Review Ex gratia payments National Savings and Investments
Legislation
Equitable Life (Payments) Bill 2010-12
Link
View this Proceeding contribution on www.publications.parliament.uk