`After section 36 of the Pensions Act 1995 (c. 26) insert—
"36A Restriction on borrowing by trustees
Regulations may prohibit the trustees of a trust scheme, or the fund manager to whom any discretion has been delegated under section 34, from borrowing money or acting as a guarantor, except in prescribed cases.".'.—[Mr. Pond.]
§ Brought up, read the First and Second time, and added to the Bill.