|
Mr Secretary Smith
166
Page 273, line 45 [Schedule 12], at end insert—
| | '. | In section 34 (powers of investment and delegation) in subsection (1) after "subject to" insert "section 36(1) and to". |
Mr Secretary Smith
167
Page 274, line 1 [Schedule 12], leave out paragraph 29.
Mr Secretary Smith
175
Page 274, line 3 [Schedule 12], leave out paragraph 30.
Mr Secretary Smith
176
Page 274, line 44 [Schedule 12], leave out paragraph 38 and insert—
| | '38 | In section 69 (grounds for applying modifications)— |
(a) in subsection (2) for "about the manner of dealing with applications under this section" substitute "requiring applications under this section to meet prescribed requirements",
(b) in subsection (3) omit paragraph (a),
(c) in subsection (4)(a) omit "(a) or",and
(d) in subsection (5)(a) omit "either of" and for "subsection (3)(a) or (b)" substitute "subsection (3)(b)".'.
Mr Secretary Smith
177
Page 275, line 31 [Schedule 12], leave out paragraph 44 and insert—
| | '44 | In section 76 (excess assets on winding up)— |
(a) in subsection (3), omit paragraph (c) (but not the word "and" immediately following it),
(b) omit subsection (5), and
(c) in subsection (6) for "sections 3 and 10 apply" substitute "section 10 applies".'.
Mr Secretary Smith
178
Page 275, line 33 [Schedule 12], leave out paragraph 45 and insert—
| | '45 | In section 77 (excess assets remaining after winding up: power to distribute)— |
(a) omit subsections (2) and (3),
| (i) | for the opening words substitute "Where this section applies—", and |
| (ii) | in paragraph (a) for "those assets" substitute "the undistributed assets". |
(c) in subsection (5) for "sections 3 and 10 apply" substitute "section 10 applies".'.
Mr Secretary Smith
168
Page 275, line 39 [Schedule 12], leave out from 'schemes' to end of line 43 and insert ')—
| (a) | in subsection (1)(a)— |
| (i) | for "sections 56 to 60" substitute "Part 3 of the Pensions Act 2004", and |
| (ii) | for "those sections" substitute "that Part", and |
| (b) | in subsection (2) omit "insolvency".'. |
Mr Secretary Smith
169
Page 276 [Schedule 12], leave out lines 3 and 4 and insert—
| ' | (1) | Section 124 (interpretation of Part 1) is amended as follows.'. |
Mr Secretary Smith
170
Page 276, line 4 [Schedule 12], at end insert—
| | '( ) | In subsection (1), in the definition of "employer", for "persons in the description or category of employment" substitute "people with service in employments of the description".'. |
Mr Secretary Smith
171
Page 276, line 4 [Schedule 12], at end insert—
| ' | ( ) | In that subsection, in the definition of "transfer credits", for the words following "by reference to" substitute "— |
| (a) | a transfer to the scheme of, or transfer payment to the trustees or managers of the scheme in respect of, any of his rights (which may include conditional rights and transfer credits allowed) under another scheme, other than pension credit rights, or |
| (b) | a cash transfer sum paid under Chapter 5 of Part 4 of the Pension Schemes Act 1993 (c.48) (early leavers) in respect of him, to the trustees or managers of the scheme.".'. |
Mr Secretary Smith
172
Page 276, line 4 [Schedule 12], at end insert—
| | '( ) | In subsection (3A) after "(3E)" insert "and to sections 25, 122 and 137 of the Pensions Act 2004".'. |
Mr Secretary Smith
173
Page 278, line 44 [Schedule 13], at end insert—
Mr Secretary Smith
179
Page 278, line 54 [Schedule 13], at end insert—
| In section 69—
(a) in subsection (3), paragraph (a),
(b) in subsection (4)(a), the words "(a) or", and
(c) in subsection (5)(a), the words "either of". |
Mr Secretary Smith
180
Page 279, line 8 [Schedule 13], at end insert—
| In section 76—
(a) in subsection (3), paragraph (c) (but not the word "and" immediately following it), and
(b) subsection (5). |
| In section 77, subsections (2) and (3). |
Mr Secretary Smith
174
Page 279, line 13 [Schedule 13], at end insert—
| 'In section 89(2), the word "insolvency".'. |
PENSIONS BILL (PROGRAMME) (No. 3)
Mr Secretary Smith
Mr Peter Hain
That the Order of 2nd March 2004 (Pensions Bill (Programme)) as amended by the Order of 19th April 2004 be amended by the substitution for paragraphs 4 and 5 of the following—
'4. Proceedings on consideration shall be taken in the order shown in the first column of the following Table. In that column, any reference to new Clauses or Amendments relating to Part 1, 3, 4 or 5 does not include new Clauses or Amendments relating to any arrangements for financial assistance for members where pension schemes are wound up.
5. The proceedings shown in the first column of the Table shall (so far as not previously concluded) be brought to a conclusion at the time specified in the second column.
Proceedings
| Time for conclusion of proceedings
|
| New Clauses standing in the name of a Minister of the Crown, other than new Clauses relating to Part 2 or to any other arrangements for financial assistance for members where pension schemes are wound up; remaining new Clauses and Amendments relating to Part 1; remaining new Clauses and Amendments relating to Part 3; remaining new Clauses and amendments relating to Part 4; remaining new Clauses and amendments relating to part 5 | At the moment of interruption on the first allotted day. |
| New Clauses and Amendments relating to any arrangements otherwise than through the Pension Protection Fund for financial assistance for members where pension schemes are wound up or relating to the categories of scheme in relation to which the Pension Protection Fund applies | Two hours before the moment of interruption on the second allotted day. |
| New Clauses and Amendments relating to Part 2; remaining new Clauses and Amendments relating to Part 6; remaining new Clauses and Amendments relating to Part 7; remaining new Clauses; Amendments relating to Schedules; new Schedules | Three hours before the moment of interruption on the third allotted day. |
5A. In the Table "allotted day" means a day on which the Bill is put down on the main business as first Government Order of the Day.
5B. Proceedings on Third Reading shall (so far as not previously concluded) be brought to a conclusion at the moment of interruption on the third allotted day.'.
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