§ Mr. RedwoodI beg to move amendment No. 22, in page 221, line 34, at end insert—
'(4) References to pensions include benefits otherwise than in cash and in relation to so much of a pension as consists of such a benefit references to its amount are to the estimated money value of the benefit.The nature of any such benefit shall also be disclosed.'. My hon. Friend the Member for Richmond and Barnes (Mr. Hanley) moved an amendment in Standing Committee with exactly the same purpose as this amendment. He graciously withdrew it when my hon. Friend the Under-Secretary of State for Consumer Affairs promised to bring forward a Government amendment on Report with the same purpose. The effect is to extend slightly what is meant by directors' pensions for the purposes of the disclosure requirements in schedule 4 of the Bill, so that it includes benefits paid in kind and not just cash benefits.
§ Mr. Jeremy Hanley (Richmond and Barnes)I am grateful to my hon. Friend for introducing the amendments. I wish to take this brief opportunity to ask him to explain how he intends to take into account amendments, other than Government amendments, under the guillotine this evening.
§ Mr. RedwoodI want to make rapid progress so that we can consider as many amendments as possible in our debates. I understand that there is a power for the Government to move other amendments if they so choose, when the guillotine falls.
§ Amendment agreed to.