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| [Thirteenth and Fourteenth sittings]
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| Clause 18, page 10, line 16, at end insert— |
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| | ‘(2A) | An order under this section must not include any provision that permits the |
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| | winding-up of the RMPP.’. |
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| Clause 18, page 10, line 16, at end insert— |
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| | ‘(2A) | Before making an order under this section the Secretary of State must obtain the |
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| | consent of the trustee of the RMPP.’. |
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| Clause 19, page 10, line 28, leave out subsection (3) and insert— |
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| | ‘(3) | “The relevant pensions provision” means the provision for the payment of |
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| | pensions or other benefits which is contained in the RMPP or under a new public |
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| | scheme or both, and includes pensions or other benefits payable— |
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| | (a) | in the event of early retirement on the grounds of ill-health or otherwise, |
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| | (b) | in the event of a contingency, or |
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| | (c) | upon the exercise of a discretion by the trustee of the RMPP under the |
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| | (3A) | If the amount of a pension or other benefit is calculated by reference to a person’s |
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| | remuneration at the date of leaving the RMPP (by reason of death, retirement or |
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| | otherwise), his remuneration for the purpose of establishing all of his relevant |
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| | pensions provision shall be taken to be his remuneration at the date of leaving the |
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| | RMPP (by reason of death, retirement or otherwise), and not his remuneration at |
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| | the date of the exercise of the power to make an order.’. |
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| Clause 19, page 10, line 31, leave out ‘(3)’ and insert ‘(2)’. |
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| Clause 20, page 11, line 15, at end insert— |
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| | ‘(1A) | Before making an order under this section the Secretary of State must obtain the |
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| | consent of the trustee of the RMPP to the selection of the assets to be transferred.’. |
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| Clause 22, page 12, line 18, at end insert— |
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| | ‘(5A) | Regulations shall be made under this section that shall ensure that, for the purpose |
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| | of any relevant tax, benefits payable or prospectively payable under— |
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| | | are treated as benefits payable under a single pension scheme.’. |
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| Clause 24, page 13, line 7, after ‘RMPP’, insert ‘, such representatives of members |
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| of the RMPP as appear to him to be appropriate’. |
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| | Clauses 24, 25 and 26 Agreed to. |
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| Clause 27, page 14, line 30, leave out ‘may’ and insert ‘will’. |
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| Clause 27, page 14, line 31, leave out ‘may’ and insert ‘will’. |
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| Clause 28, page 15, line 4, at end insert ‘and to facilitate this, the current funding |
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| agreement of Postcomm in respect of regulating postal services will be transferred in its |
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| Clause 28, page 15, leave out subsection (3). |
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| Clause 28, page 15, line 10, at end add— |
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| | ‘(c) | the needs of small business users in rural and remote areas.’. |
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| [Adjourned until Thursday at 9.00 am |
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