§ As amended, considered.385
MR. STRAGHEY (Somersetshire, S.)
said he wished briefly to explain why he had placed a new clause on the Paper with reference to this Bill. When the Bill was read a second time, he carried an Instruction by a majority of over seventy making certain provisions regarding workmen's superannuation come under the control of the Registrar of Friendly Societies. Although the Instruction had been carried out, the clause inserted by the promoters was not one which he could assent to, but he need not go into details, as the promoters were now quite ready to accept his new clause, which was drawn up as a model clause, and which would be put in various other Bills if necessary.
New Clause—Any scheme for the establishment of a superannuation or provident fund under this part of this Act shall not come into operation until the council shall in respect of that fund have been registered under the Friendly Societies Act, 1896, and the provisions of that Act (except section forty-one) so far as they are applicable and are not inconsistent with the provisions of this part of this Act shall apply as if (a) the council were a society to which that Act applies and were the Trustees of such society; (b) as if the scheme were the rules of such society; (c) as if the superannuation or provident funds were the funds of such society; and (d) as if the contributors to the fund were the members of such society.—brought up and read the first and second time.]
§ Motion made, and Question proposed, "That the Clause be added to the Bill."—(Mr. Strachey.)
§ MR. CHARLES M'ARTHUR (Liverpool, Exchange)
said he would like to explain the position of the promoters in regard to this new clause. They regarded it as substantially the same as the one they had inserted. He explained to the House, when the matter was before it on the last occasion, that Clause 41 would have limited any lump sum payable to £200, or an annuity to £50, and that would have made any superannuation scheme brought out tinder the Bill inapplicable to the case of the higher officials. However, as the new clause substantially agreed with the views of the promoters, the difference being only one of form, he was glad to say he was enabled to accept it.
§ Question put, and agreed to.
§ Amendments made.
§ Bill to be read the third time.