UK Parliament / Open data

Superannuation Bill

Proceeding contribution from Lord McKenzie of Luton (Labour) in the House of Lords on Wednesday, 10 November 2010. It occurred during Debate on bills and Committee proceeding on Superannuation Bill.
I thank the Minister for that full explanation and update as to where matters rest. Around that, I ask him specifically what he sees the steps over the next few weeks as being. I understood from our earlier debate that it was planned that, the day after the Act comes into force, an order will be laid that repeals Section 2. The day after that, the scheme will be laid, maybe in the other order. Can the Minister confirm that? In a sense, it gives some framework to the discussions that we will have about Clause 2 and the caps, which are a particular bone of contention. More generally, my noble friend Lady Turner makes some very telling points about the concerns that people have and how the changes to the compensation scheme may impact on them. The amendment that I have pursued is to Section 1 of the 1972 Act, not the Bill that is under consideration. We will debate that in a moment. Specifically on the amendment, I am sorry that the Minister does not feel able to accept it. All it does is to qualify the obligation to consult in a way that the Government’s own amendment does. I am not sure whether his principal argument was that the scope of the Bill precludes its acceptance or that under the 1972 Act some arrangements need agreement and some do not. Even if they do not, presumably the consultation is to some effect, which ought to be to reach agreement, whatever the substantive matter under consideration. Obviously, given where we are, this is not a matter that I would press today but could the Minister confirm whether it is the scope of the Bill or other matters as well that are precluding acceptance of this amendment? I would certainly appreciate it if he was able to update us on the precise steps envisaged between about now, when the Bill become an Act, and what flows from that in terms of orders, particularly on the demise of the caps.
Type
Proceeding contribution
Reference
722 c32-3GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
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