moved Amendments Nos. 34 and 35:
34: Schedule 1, page 84, line 8, after ““may”” insert ““, with the consent of the Treasury,””
35: Schedule 1, page 84, line 12, leave out from first ““conditions”” to end of line 13 and insert—
““(c) in the case of a loan, must be given on a condition requiring the loan to be repaid with interest at a rate approved by the Treasury.
(3) Section 5 of the National Loans Act 1968 (c.13) (rates of interest on certain loans out of the National Loans Fund) has effect as respects the rate of interest on a loan under this paragraph as it has effect as respects a rate of interest within subsection (1) of that section.””
On Question, amendments agreed to.
Schedule 9 [Contribution notices and financial support directions under Pensions Act 2004]:
Pensions Bill
Proceeding contribution from
Lord McKenzie of Luton
(Labour)
in the House of Lords on Wednesday, 19 November 2008.
It occurred during Debate on bills on Pensions Bill.
About this proceeding contribution
Reference
705 c1158 Session
2007-08Chamber / Committee
House of Lords chamberSubjects
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