Moved by
Viscount Younger of Leckie
46: Clause 24, page 20, line 19, at end insert—
“(ha) the power to make scheme regulations by virtue of section (Remedial arrangements to pay voluntary contributions to legacy schemes) (remedial arrangements to pay voluntary contributions to legacy schemes) and any powers exercisable by virtue of such regulations;”
Member’s explanatory statement
This amendment ensures that Treasury directions can be used in relation to remedial voluntary contributions arrangements.
47: Clause 24, page 20, line 23, leave out from “paid” to “or any” and insert “by or to a scheme in relation to a member”
Member’s explanatory statement
This is one of a number of amendments clarifying or adjusting the processes and powers under Part 1 of the Bill so that they operate as intended in cases in which a member dies.
48: Clause 24, page 20, line 25, after “member” insert “and (if different) the person to whom or by whom the amount is to be paid or the liability is owed”
Member’s explanatory statement
This amendment ensures subsection (3) of this Clause operates as intended in a case in which an amount is payable to or by a person who is not the member who has remediable service (for example a surviving adult or personal representatives).
49: Clause 24, page 20, line 27, leave out “the member” and insert “that person or those persons”
Member’s explanatory statement
This amendment ensures subsection (3) of this Clause operates as intended in a case in which an amount is payable to or by a person who is not the member who has remediable service (for example a surviving adult or personal representatives).