Could we just be clear on that point? If the Act receives Royal Assent and comes into force, I think that the Minister said that would bring the sunset clause into play. I thought the proposition was that if you had the new scheme introduced by order, you would then have to do something with the caps—otherwise, there is what I hope is a clear inconsistency between what the caps and the scheme provide—and that the proposal was to repeal Section 2. Is that not the case? It is quite important that we have clarity because we have tabled amendments about doing away with Clause 2. That might be the safest route in any event but I assume that, once an order is laid and a new scheme is in place, the caps would have to be removed on a permanent or, at least, a temporary basis.
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.
Type
Proceeding contribution
Reference
722 c33-4GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
Subjects
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Timestamp
2023-12-15 20:46:20 +0000
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