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| Thursday 7th February 2008 |
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| New Amendments handed in are marked thus |
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| Other Amendments not tabled within the required notice period are marked thus |
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| | The Amendments have been arranged in accordance with the Order of the |
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| | Committee [15th January]. |
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| Clause 68, page 32, line 4, at end insert— |
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| | ‘(1A) | In section 1 (meaning of “stakeholder pension scheme”), omit subsections (7) and |
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| | Member’s explanatory statement
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| | The purpose of this amendment is to amend the 1999 Welfare and Pensions Act by removing the |
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| | obligation for stakeholder pensions to accept transfer values, giving them discretionary freedom |
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| | to determine whether it is viable to accept certain low value funds. |
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| Clause 68, page 32, line 24, leave out ‘regular intervals’ and insert ‘intervals of less |
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| | Member’s explanatory statement
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| | This amendment is to prevent employers from rescheduling payments to very long intervals to |
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| | avoid the requirement to make auto enrolled personal acount contributions. |
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| Clause 69, page 33, line 20, leave out ‘whether oral or’. |
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| | Member’s explanatory statement
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| | This amendment seeks to probe the nature of oral contracts of employment. |
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| Clause 69, page 33, line 29, leave out ‘whether it is oral or’. |
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| | Member’s explanatory statement
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| | See Member’s explanatory statement for amendment 185. |
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| Clause 72, page 34, line 41, at end add ‘or a Member of the House of Lords.’. |
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| | Member’s explanatory statement
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| | This amendment is to probe the position of staff employed by peers and MP’s. |
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| Clause 73, page 35, line 7, at end insert— |
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| | ‘(c) | who is employed by a Member of Parliament.’. |
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| | Member’s explanatory statement
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| | See Member’s explanatory statement for amendment 183. |
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| Clause 74, page 35, line 21, at end insert— |
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| | ‘( ) | subsection (1) shall not apply to any member of the reserve forces who is paid for |
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| | more than six months in any three-year period.’. |
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| Clause 77, page 36, line 29, leave out ‘or 6(3)’ and insert ‘, 6(3) or [Workers |
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| without qualifying earnings](2)’. |
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| | Member’s explanatory statement
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| | This amendment is related to New Clause 8. It extends the definition of “enrolment duty” to |
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| | include a duty under that New Clause. |
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| Clause 77, page 37, line 12, at end add— |
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| | (a) | in relation to England and Wales or Scotland, is to be construed in |
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| | accordance with section 178 of the Pension Schemes Act 1993 (c. 48) |
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| | (trustees and managers of schemes: interpretation); |
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| | (b) | in relation to Northern Ireland, is to be construed in accordance with |
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| | section 173 of the Pension Schemes (Northern Ireland) Act 1993 (c. 49) |
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| | (trustees or managers of schemes);’. |
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| | Member’s explanatory statement
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| | See Member’s explanatory statement for Amendment 141. |
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| Page 37, line 20, leave out Clause 79. |
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| | Member’s explanatory statement
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| | The purpose of this amendment is to ensure that deferred pensions are not unfairly devalued. |
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| Page 57, line 10, leave out Schedule 2. |
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| | Member’s explanatory statement
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| | The purpose of this amendment is to ensure that deferred pensions are not unfairly devalued. |
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| Clause 83, page 39, line 28, after first ‘order’ insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 83, page 39, line 28, at end insert ‘, or provision contained in a qualifying |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 83, page 39, line 30, after ‘order’ insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 83, page 39, line 31, after ‘order’ insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 83, page 39, line 33, at end insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 84, page 40, line 10, at end add— |
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| | ‘(f) | a pension compensation sharing order under section 8 of the Family Law |
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| | (Scotland) Act 1985 (c. 37) (orders for financial provision); |
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| | (g) | any provision corresponding to provision which may be made by such an |
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| | (i) | is contained in a qualifying agreement between the parties to a |
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| | marriage or the partners in a civil partnership, |
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| | (ii) | is in such form as the Secretary of State may prescribe by |
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| | (iii) | takes effect on the grant, in relation to the marriage, of decree of |
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| | divorce or a declarator or nullity or (as the case may be) on the |
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| | grant, in relation to the civil partnership, of decree of dissolution |
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| | or of declarator of nullity, |
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| | | except where the provision relates to the same rights to PPF |
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| | compensation as are the subject of an order made under section 12B(2) |
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| | of the Family Law (Scotland) Act 1985 (c. 37) (order for payment of |
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| | capital sum: pension compensation). |
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| | (2) | For the purposes of this Chapter, a qualifying agreement is an agreement which— |
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| | (a) | has been entered into in such circumstances as the Secretary of State may |
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| | prescribe by regulations, and |
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| | (b) | is registered in the Books of Council and Session.’. |
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| | Member’s explanatory statement
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| | This clause sets out sets out the possible orders a court could make which would trigger the new |
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| | pension compensation sharing scheme. The amendment extends the scheme to Scotland by adding |
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| | references to the Family Law (Scotland) Act 1985 and to provision in qualifying agreements. |
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| Clause 85, page 40, line 18, after ‘order’ insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 87, page 41, line 6, after ‘order’ insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 89, page 41, line 17, leave out ‘4 months’ and insert ‘2 months.’. |
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| Clause 89, page 41, line 24, after ‘order’ insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 90, page 41, line 39, at end insert ‘and transferor.’. |
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| Clause 90, page 42, line 12, leave out subsection (8). |
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| Clause 91, page 42, line 24, leave out paragraph (a). |
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| Clause 91, page 42, line 32, after ‘order’ insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 91, page 42, line 32, after ‘provision’ insert ‘(“provision for |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 91, page 42, line 34, at end insert ‘for apportionment’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 91, page 42, line 35, after ‘order’ insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 91, page 42, line 35, leave out ‘such provision’ and insert ‘provision for |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 91, page 42, line 39, at end insert ‘or provision’. |
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| | Member’s explanatory statement
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| | This amendment is consequential on the amendment to clause 84 which adds a reference to |
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| | provision contained in a qualifying agreement. |
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| Clause 92, page 43, line 10, at end insert— |
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| | ‘(iv) | orders for financial provision under section 8 of the Family Law |
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| | (Scotland) Act 1985 (c. 37) (orders for financial provision); |
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| | (v) | provision as to pension sharing, or pension compensation |
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| | sharing, that is contained in an agreement that is a qualifying |
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| | agreement for the purposes of section 28(1)(b) and (c) of the |
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| | Welfare Reform and Pensions Act 1999 (c. 30) (activation of |
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| | pension sharing) or this Chapter.’. |
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| | Member’s explanatory statement
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| | This amendment extends the power of the Secretary of State to make regulations requiring |
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| | information to be supplied by the Board of the Pension Protection Fund to Scotland, by reference |
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| | to orders for financial provision made under the Family Law (Scotland) Act 1985 and provision in |
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