| Amendments proposed to the Pensions Bill - continued | House of Commons |
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Mr David Willetts 1 Page 1, line 11 [Clause 2], leave out from 'the' to end of line 12 and insert 'Chairman and approved by the Secretary of State.'.
Mr David Willetts 2 Page 2, line 12 [Clause 2], at end insert—'(7) At least one of the non-executive members of the Regulator shall be a representative of an occupational pension scheme subject to the pension protection levies under this Act.'.
Mr Harry Barnes 181 Page 2, line 25 [Clause 4], leave out from 'Act' to 'and' in line 26.
Mr David Willetts 5 Page 3, line 10 [Clause 5], at end insert—'(e) to promote occupational pension provision by minimising regulatory burdens applying to well run schemes and their sponsoring employers.'.
Mr David Willetts 6 Page 3, line 10 [Clause 5], at end insert—'(f) in conjunction with the Pension Protection Fund Board to take all reasonable steps to maintain the cost of the levy on occupational pension schemes to the minimum compatible with the Regulator's other duties under this Act.'.
Mr Harry Barnes 182 Page 4, line 36 [Clause 9], leave out 'or in any corresponding provision in force in Northern Ireland'.
Mr David Willetts 7 Page 5, line 2 [Clause 9], at end insert—'(g) the duty to monitor the costs of enforcement of this Act upon occupational pension schemes and their sponsoring employers.'.
Mr Secretary Smith 62 Page 6, line 38 [Clause 11], at end insert—'( ) Regulations may amend subsection (6) by—
Mr Secretary Smith 63 Page 8, line 10 [Clause 14], after 'take' insert 'or refrain from taking'.
Mr Secretary Smith 64 Page 8, line 10 [Clause 14], after 'notice' insert 'in order'.
Mr Secretary Smith 65 Page 8, line 30 [Clause 14], leave out from 'notice,' to end of line 31 and insert 'of how he has complied, or is complying, with the notice.'.
Mr Secretary Smith 66 Page 9, line 17 [Clause 15], after 'take' insert 'or refrain from taking'.
Mr Secretary Smith 67 Page 9, line 17 [Clause 15], after 'notice' insert 'in order'.
Mr Secretary Smith 68 Page 9, line 35 [Clause 15], leave out from 'notice,' to end of line 36 and insert 'of how he has complied, or is complying, with the notice.'.
Mr Secretary Smith 69 Page 13, line 9 [Clause 20], leave out sub-paragraph (ii) and insert—
Mr Secretary Smith 70 Page 13, line 18 [Clause 20], at end insert—
Mr Secretary Smith 71 Page 13, line 29 [Clause 20], at end insert—'(6A) A direction under subsection (4)(f) may, in particular, provide that transfers or specified transfers of, or transfer payments or specified transfer payments in respect of, any member's rights under the scheme may not be made from the scheme unless the amounts paid out from the scheme in respect of the transfers or transfer payments are determined in a specified manner and the transfer or transfer payments satisfy such other conditions as may be specified. (6B) For the purposes of subsections (4)(f) and (6A), the references to transfer payments in respect of a member's rights under the scheme include cash transfer sums within the meaning of Chapter 5 of Part 4 of the Pension Schemes Act 1993 (c.48) (early leavers: cash transfer sums and contribution refunds).'.
Mr Secretary Smith 72 Page 14, line 43 [Clause 21], leave out subsection (7) and insert—'(7) Regulations may modify any provisions of—
Mr Secretary Smith 73 Page 20, line 8 [Clause 32], leave out 'Regulator' and insert 'Authority'.
Mr Secretary Smith 74 Page 23, line 43 [Clause 35], leave out from second 'occurred' to end of line 44 and insert'—
Mr Secretary Smith 75 Page 24, line 8 [Clause 35], leave out 'issuing of the contribution notice' and insert 'determination by the Regulator to exercise the power to issue the contribution notice in question'.
Mr Harry Barnes 183 Page 33, line 41 [Clause 48], leave out sub-paragraph (iii).
Mr Secretary Smith 76 Page 34, line 10 [Clause 48], leave out paragraph (a).
Mr Harry Barnes 184 Page 34, line 12 [Clause 48], leave out from '(c.49)' to end of line 17.
Mr David Willetts 8 Page 35, line 20 [Clause 50], at end insert 'save that the register will be open to members of the public during normal working hours, but with the home addresses of individual scheme trustees deleted.'.
Mr David Willetts 9 Page 39, line 40 [Clause 57], at end insert 'but only to the extent that the collection of such information appears to the Regulator proportionate to the benefits to be obtained from collecting that information.'.
Mr Secretary Smith 77 Page 40, line 30 [Clause 58], leave out from first 'section' to end of line 31 and insert '—"eligible scheme" has the same meaning as in Part 2 (see section 113), and"event" includes a failure to act.'.
Mr Secretary Smith 78 Page 43, line 5 [Clause 62], at end insert—'section 227 (no indemnification for fines or civil penalties);'.
Mr Secretary Smith 79 Page 43, line 5 [Clause 62], at end insert—'sections 230 and 232 (consultation by employers);'.
Mr Secretary Smith 213 Page 43, line 5 [Clause 62], at end insert—'section (UK-based occupational pension scheme to be trust with effective rules);'.
Mr Secretary Smith 214 Page 43, line 5 [Clause 62], at end insert—'section (Non-EC occupational pension scheme to be trust with UK-resident trustee);'.
Mr Secretary Smith 215 Page 43, line 5 [Clause 62], at end insert—'section (Activities of occupational pension schemes);'.
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