Pensions Bill

My Lords, I look forward to continuing this discussion with the Minister, perhaps at Third Reading. I take his point that, if an act is continuing, there has to be a time. I was not suggesting that the regulator could never act; I was suggesting that the regulator should not be able to cherry pick a time. That takes us back to whether the regulator is acting reasonably. Perhaps it is in that context that we should resume our discussions. I beg leave to withdraw the amendment. Amendment No. 78DB, as an amendment to Amendment No. 78B, by leave, withdrawn. [Amendments Nos. 78E and 78F, as amendments to Amendment No. 78B, not moved.]