I shall come in a moment to Clause 3, which is of course different. I am advised that Clause 2 is useful and necessary for spelling out the minimum that, under any conditions and without negotiation, the Government would offer. In answer to the point made by the noble Lord, Lord McKenzie, it is the Government’s intention to repeal Clause 2 by the time the new scheme is in force. Clause 3 allows for the Bill to lapse once the new scheme is fully in operation. That is the timescale under which we will allow the Bill to fall in the sunset clause.
Superannuation Bill
Proceeding contribution from
Lord Wallace of Saltaire
(Liberal Democrat)
in the House of Lords on Tuesday, 26 October 2010.
It occurred during Debate on bills on Superannuation Bill.
About this proceeding contribution
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721 c1151-2 Session
2010-12Chamber / Committee
House of Lords chamberSubjects
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