Amendments proposed to the Welfare Reform and Pensions Bill, As Amended - continued House of Commons

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Mr Secretary Darling

29

Page     12,     line     25     [Clause     11],     leave out 'in good faith by the trustees or managers of the scheme in question before' and insert 'by the trustees or managers of the scheme in question—

      (a) in good faith, and

      (b) without notice of'.

   

Mr Secretary Darling

53

Page     12,     line     44     [Clause     11],     at end insert—

    '(12) For the purposes of this section a person shall be treated as having a right under an approved pension arrangement where—

      (a) he is entitled to a credit under section 23(1)(b) as against the person responsible for the arrangement (within the meaning of Chapter I of Part IV), and

      (b) the person so responsible has not discharged his liability in respect of the credit.'.

   

Mr Secretary Darling

54

Page     12,     line     46     [Clause     12],     leave out 'rights of a person under unapproved pension arrangements' and insert 'or in connection with enabling rights of a person under an unapproved pension arrangement'.


   

Mr Secretary Darling

55

Page     13,     line     1     [Clause     12],     leave out from 'under' to 'future' in line 4 and insert 'this section may, in particular, make provision—

      (a) for rights under an unapproved pension arrangement to be excluded from a person's estate—

          (i) by an order made on his application by a prescribed court, or

          (ii) in accordance with a qualifying agreement made between him and his trustee in bankruptcy;

      (b) for the court's decision whether to make such an order in relation to a person to be made by reference to—

          (i)''.

   

Mr Secretary Darling

56

Page     13,     line     5     [Clause     12],     leave out '(b) the extent to which any pension and other benefits' and insert '(ii) whether any benefits (by way of a pension or otherwise) are'.

   

Mr Secretary Darling

57

Page     13,     line     6     [Clause     12],     at end insert 'and (if so) the extent to which they'.

   

Mr Secretary Darling

58

Page     13,     line     7     [Clause     12],     at end insert—

      '(c) for the prescribed persons in the case of any pension arrangement to provide a person or his trustee in bankruptcy on request with information reasonably required by that person or trustee for, or in connection with, the making of such applications and agreements as are mentioned in paragraph (a).'.

   

Mr Secretary Darling

59

Page     13,     line     8     [Clause     12],     after 'section' insert—

      ' "prescribed" means prescribed by regulations under this section;

      "qualifying agreement" means an agreement entered into in such circumstances, and satisfying such requirements, as may be prescribed;'.

   

Mr Secretary Darling

60

Page     13,     line     12     [Clause     12],     leave out from 'a' to end of line 13 and insert 'prescribed description.'.

   

Mr Secretary Darling

61

Page     13,     line     13     [Clause     12],     at end insert—

    '(4) For the purposes of this section a person shall be treated as having a right under an unapproved pension arrangement where—

      (a) he is entitled to a credit under section 23(1)(b) as against the person responsible for the arrangement (within the meaning of Chapter I of Part IV), and

      (b) the person so responsible has not discharged his liability in respect of the credit.'.

   

Mr Secretary Darling

62

Page     13,     line     41     [Clause     14],     after 'section' insert—

      '(a) a person shall be treated as having a right under a personal pension scheme where—

          (i) he is entitled to a credit under section 23(1)(b) of the Welfare Reform and Pensions Act 1999 (sharing of rights on divorce etc.),

          (ii) he is so entitled as against the person responsible for the scheme (within the meaning of Chapter I of Part IV of that Act), and

          (iii) the person so responsible has not discharged his liability in respect of the credit; and

      (b)''.


   

Mr Secretary Darling

66

*Page     72,     line     28     [Schedule     2],     at end insert—

'Income payments orders against pension payments

    1YA. In section 32(2) of the Bankruptcy (Scotland) Act 1985 (vesting of estate, and dealings of debtor, after sequestration), at the beginning insert "Notwithstanding anything in section 11 or 12 of the Welfare Reform and Pensions Act 1999,".

    1ZA. In section 310(7) of the Insolvency Act 1986 (bankrupt's income against which income payments orders may be made includes certain payments under pension schemes), after "employment and" insert "(despite anything in section 11 or 12 of the Welfare Reform and Pensions Act 1999)".'.


   

Mr Secretary Darling

67

*Page     73,     line     22     [Schedule     2],     at end insert—

'Effect of certain orders on guaranteed mimumum pensions

     . In section 47 of the Pension Schemes Act 1993 (entitlement to guaranteed minimum pension for the purposes of the relationship with social security benefits), after subsection (6) (which is inserted by section 26(4) of this Act) add—

            "(7) For the purposes of section 46, a person shall be treated as entitled to any guaranteed minimum pension to which he would have been entitled but for any order under section 342A of the Insolvency Act 1986 (recovery of excessive pension contributions) or under section 36A of the Bankruptcy (Scotland) Act 1985."'.


   

Mr Secretary Darling

46

Page     74,     line     31     [Schedule     2],     at end insert—

    '5A. In section 3(2)(b) of the Pensions Act 1995 (power of Authority to remove pension scheme trustee to whom section 3 applies by virtue of any other provision of Part I of the Act), for "this Part" substitute "this or any other Act".'.


   

Mr Secretary Darling

32

Page     76,     line     10     [Schedule     2],     at end insert—

'Diligence against pensions: Scotland

    12A. In section 94(3) of the Pensions Act 1995 (application of sections 91 and 92 to Scotland), at the end insert—

      "(f) after subsection 91(4) there is inserted—

            "(4A) Subject to section 73(3)(d) of the Debtors (Scotland) Act 1987, nothing in this section prevents any diligence mentioned in section 46 of that Act being done against a pension under an occupational pension scheme."" '.


   

Mr William Hague
Mr Iain Duncan Smith
Mr Quentin Davies
Mr Eric Pickles
Mrs Jacqui Lait

84

*Page     15,     line     1,     leave out Clauses 17 to 45.

   

Mr William Hague
Mr Iain Duncan Smith
Mr Quentin Davies
Mr Eric Pickles
Mrs Jacqui Lait

82

*Page     15,     line     7     [Clause     17],     leave out 'have effect.' and add 'not have effect until the Law Commission shall have undertaken a review of the Matrimonial Causes Act 1973 and shall have reported on the extent to which it is appropriate to give legal force to pre-nuptial agreements.'.


   

Mr William Hague
Mr Iain Duncan Smith
Mr Quentin Davies
Mr Eric Pickles
Mrs Jacqui Lait

85

*Page     76,     line     39     leave out Schedules 3 to 6.


   

Mr Secretary Darling

33

Page     79,     line     8     [Schedule     3],     leave out 'rules' and insert 'regulations'.

   

Mr Secretary Darling

34

Page     79,     line     9     [Schedule     3],     leave out 'rules' and insert 'regulations'.

   

Mr Secretary Darling

35

Page     79,     line     37     [Schedule     3],     leave out 'rules' and insert 'regulations'.


   

Mr Secretary Darling

36

Page     80,     line     5     [Schedule     3],     leave out 'rules' and insert 'regulations'.

   

Mr Secretary Darling

37

Page     80,     line     28     [Schedule     3],     at end insert—

    '( ) In determining for the purposes of subsection (2) or (3) above whether a person has acted to his detriment in reliance on the taking effect of the order, the appeal court may disregard any detriment which in its opinion is insignificant.'.


   

Mr Secretary Darling

38

Page     82,     line     8     [Schedule     4],     leave out 'second' and insert 'new'.


   

Mr Secretary Darling

39

Page     83,     line     4     [Schedule     4],     leave out from 'to' to end of line 5 and insert 'any of the court's powers under this Part of this Act,'.


   

Mr Secretary Darling

13

Page     19,     line     11     [Clause     22],     leave out paragraph (b) and insert—

      '(b) such information relating to the transferor and transferee as the Secretary of State may prescribe by regulations under section 28(1)(b)(ii).'.


   

Mr Secretary Darling

15

Page     36,     line     24     [Clause     37],     at end insert ', including subordinate legislation which provides for calculation of the value of rights in accordance with guidance from time to time prepared by a person specified in the subordinate legislation.'.

 
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Prepared 13 May 1999