My right hon. Friend makes an important point. I would expect the payments commission to design a payments scheme that would be sufficiently comprehensive to ensure that all groups of policyholders were covered by it, so any appeal would be on the basis only of any data used to calculate the losses, rather than an appeal in principle against the design of the scheme. I will bear in mind the point that my right hon. Friend makes and encourage the commission, when it takes representations from people, to think as widely as possible about the different groups of policyholders that need to be taken into account.
Equitable Life (Payments) Bill
Proceeding contribution from
Mark Hoban
(Conservative)
in the House of Commons on Wednesday, 10 November 2010.
It occurred during Debate on bills
and
Committee of the Whole House (HC) on Equitable Life (Payments) Bill.
Type
Proceeding contribution
Reference
518 c332 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-15 13:23:02 +0000
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