Pensions Bill — 30 Jun 2008 at 15:22
moved Amendment No. 85:
Clause 28, page 13, line 22, at end insert ", or
(b) by increasing the amount required to be paid in contributions, in order for the scheme to satisfy the requirements contained in section 19(1) or those requirements as modified under section 23(1)(a).
( ) An increase under subsection (1)(b) may be made only-
(a) by increasing the amount of any contribution, directly or by modifying the basis on which it is calculated, or(b) by increasing the frequency of any contributions."
On Question, amendment agreed to.
Clause 28, as amended, agreed to.
Clause 29 <[i>Deduction of contributions]:
moved Amendments Nos. 86 to 88:
Clause 29, page 13, line 33, leave out "an occupational pension" and insert "a"
Clause 29, page 13, line 34, leave out "6(3) or" and insert "or 6(3), or of an occupational pension scheme in accordance with section"
Clause 29, page 13, line 36, at end insert "(in the case of an occupational pension scheme) or the provider of the scheme (in the case of a personal pension scheme)"
On Question, amendments agreed to.
moved Amendment No. 89:
Clause 29, page 13, line 36, at end insert-
"( ) Regulations prescribing arrangements for the purposes of section 3(2), 5(2), 6(3) or 8(2) may require the employer to make such a deduction or payment at any time on or after the date with effect from which the jobholder is to become an active member of a scheme under the arrangements.
On Question, Whether the said amendment (No. 89) shall be agreed to?
Their Lordships divided: Contents, 158; Not-Contents, 65.
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