UK Parliament / Open data

Bank of England and Financial Services Bill [HL]

Moved by

Lord Bridges of Headley

22: Clause 27, page 22, line 41, after “(2A)” insert—

“In subsection (2)(a)—

(a) references to a member, or a survivor of a member, of a pension scheme include a member, or a survivor of a member, of a pension scheme for which the PPF has assumed responsibility under Part 2 of the Pensions Act 2004 or Part 3 of the Pensions (Northern Ireland) Order 2005 (S.I. 2005/255 (N.I. 1)), but

(b) in relation to such a member or survivor, the reference to the flexible benefits that may be provided is to be read as a reference to the money purchase benefits (within the meaning of that Act or that Order) that may be provided by the PPF by virtue of sections 161 and 170 of that Act or articles 145 and 154 of that Order.

(2B) ”

About this proceeding contribution

Reference

767 c2042 

Session

2015-16

Chamber / Committee

House of Lords chamber
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