1151

House of Commons

Notices of Amendments

given up to and including

Monday 8 November 2010

New Amendments handed in are marked thus

Committee of the whole House

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Equitable Life (Payments) Bill

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Mr Fabian Hamilton

Frank Dobson

Bob Blackman

1

Clause  1,  page  1,  line  7,  at end insert—

‘(2A)

Payments authorised by the Treasury under this section to with-profits annuitants

shall be made without regard to the date on which such policies were taken out.’.

Chris Leslie

Mr David Hanson

Kerry McCarthy

2

Clause  1,  page  1,  line  7,  at end insert—

‘(2A)

The Parliamentary Commissioner for Administration shall report to Parliament

on the implications for payments to which this section applies of the findings of

the Independent Commission on Equitable Life Payments, no later than one

month after the publication of such findings.’.

Chris Leslie

Mr David Hanson

Kerry McCarthy

3

Clause  1,  page  1,  line  7,  at end insert—

‘(2B)

The design and administration of any scheme of payments to which this section

applies shall be independent of government.’.

Chris Leslie

Mr David Hanson

Kerry McCarthy

4

Clause  1,  page  1,  line  7,  at end insert—

‘(2C)

The Treasury shall publish details of the independent appeals procedure for

policyholders as defined in subsection (2) above to use in the event of dispute

Notices of Amendments: 8 November 2010

1152

Equitable Life (Payments) Bill, continued

over the compensation payment decision in their case, no later than three months

after commencement of this Act.’.

Chris Leslie

Mr David Hanson

Kerry McCarthy

5

Clause  1,  page  1,  line  7,  at end insert—

‘(2D)

The Treasury shall lay before Parliament details of the timings and planned dates

for payments of compensation to which this section applies, no later than three

months after commencement of this Act.’.

Frank Dobson

7

Clause  1,  page  1,  line  7,  at end insert—

‘(2A)

In determining the amount of the payments that it is appropriate for the Treasury

to authorise under subsection (2), the Treasury must have regard to such matters

relating to the adverse effects of that maladministration on those persons and the

proper calculation of their resulting losses as have been determined by the

Parliamentary Commissioner for Administration to be relevant to and appropriate

for that calculation.’.

Frank Dobson

8

Clause  1,  page  1,  line  7,  at end insert—

‘(2A)

After determining the total amount of the payments that the Treasury is to

authorise under subsection (2) and the persons to whom those payments are to be

made, the Treasury must secure—

(a)	that each of those persons is paid the full amount due to that person in a

single payment, and

(b)	that the single payment is made as soon as practicable.’.

Bob Blackman

9

Clause  1,  page  1,  line  7,  at end insert—

‘(2A)

After determining the total amount of the payments that the Treasury is to

authorise under subsection (2) and the persons to whom those payments are to be

made, the Treasury must secure—

(a)	that each of those persons is paid the full amount due to that person in a

single payment, and

(b)	that the single payment is made as soon as practicable.’.

Bob Blackman

10

Clause  1,  page  1,  line  7,  at end insert—

‘(2A)

In determining the amount of the payments that it is appropriate for the Treasury

to authorise under subsection (2), the Treasury must have regard to such matters

relating to the adverse effects of that maladministration on those persons and the

proper calculation of their resulting losses as has been determined by the

Parliamentary Commissioner for Administration to be relevant to and appropriate

for that calculation.’.

Notices of Amendments: 8 November 2010

1153

Equitable Life (Payments) Bill, continued

Mark Hoban

6

Clause  1,  page  1,  line  20,  at end insert—

‘( )	The functions of the Director of Savings include anything the Director is

appointed by the Treasury to do in connection with payments to which this

section applies.’.

New Clause

Distribution of payments

Bob Blackman

NC1

To move the following Clause:—

‘(1)	An independent payments commission shall be established comprising three

members appointed by the Secretary of State.

(2)	The independent payments commission shall design a distribution scheme for

payments made arising from this Act.

(3)	In designing a distribution scheme under subsection (2) the independent

payments commission shall consult with interested parties, including the

Equitable Life Assurance Society and representatives of policyholders.

(4)	The Treasury may make provision by order made by statutory instrument for

payments to be made in line with the distribution scheme designed by the

independent payments commission.

(5)	A statutory instrument containing an order under subsection (3) may not be made

unless a draft has been laid before and approved by resolution of each House of

Parliament.’.

Order of the House [14 September 2010]

That the following provisions shall apply to the Equitable Life (Payments) Bill:

Committal

1.	The Bill shall be committed to a Committee of the whole House.

Proceedings in Committee, on consideration and on Third Reading

2.	Proceedings in Committee, any proceedings on consideration and

proceedings on Third Reading shall be completed at one day’s sitting.

3.	Proceedings in Committee and any proceedings on consideration shall (so far

as not previously concluded) be brought to a conclusion one hour before the

moment of interruption on the day on which those proceedings are

commenced.

4.	Proceedings on Third Reading shall (so far as not previously concluded) be

brought to a conclusion one hour after the commencement of those

proceedings or at the moment of interruption on that day, whichever is earlier.

Notices of Amendments: 8 November 2010

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Equitable Life (Payments) Bill, continued

5.	Standing Order No. 83B ( Programming committees) shall not apply to

proceedings on the Bill in Committee and on consideration and Third

Reading.

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Revised 9 November 2010