The caps, as the noble Lord will be aware, are there in case litigation were to prevent the new scheme going into operation, so that there would be an alternative. However, the caps can be repealed by negative order and the intention is that that order would be placed the day after Royal Assent, if all else is in play.
Superannuation Bill
Proceeding contribution from
Lord Wallace of Saltaire
(Liberal Democrat)
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 c34GC 
Session
2010-12
Chamber / Committee
House of Lords Grand Committee
Subjects
Librarians' tools
Timestamp
2023-12-15 21:10:59 +0000
URI
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