HL Deb 12 July 1995 vol 565 c1750

187 Clause 115, page 69, line 27, leave out 'a trust' and insert 'an occupational pension'.

188 Page 69, line 35, leave out from 'person' to 'who' in line 39 and insert '(other than an active or pensioner member)'.

189 Page 70, leave out lines 7 to 15.

190 Page 70, line 21, at end insert: member-nominated director" has the meaning given by section (Corporate trustees: member-nominated directors) (2)'.

191 Page 70, line 31, leave out 'service' and insert `employment'.

192 Page 70, line 33, leave out 'long service benefit' and insert `pension or other benefits'.

193 Page 70, line 36, leave out from 'scheme' to end of line 37 and insert 'or by reason of transfer credits, is entitled to the present payment of pension or other benefits'.

194 Page 71, line 5, leave out from `to' to 'under' in line 7 and insert 'a member'.

195 Page 71, line 18, leave out subsection (2) and insert: `() For the purposes of this Part—

  1. (a) the accrued rights of a member of an occupational pension scheme at any time are the rights which have accrued to or in respect of him at that time to future benefits under the scheme, and
  2. (b) at any time when the pensionable service of a member of an occupational pension scheme is continuing, his accrued rights are to be determined as if he had opted, immediately before that time, to terminate that service;
and references to accrued pension or accrued benefits are to be interpreted accordingly.'.

Lord Mackay of Ardbrecknish

My Lords, I beg to move that the House do agree with the Commons in their Amendments Nos. 187 to 195 en bloc. I spoke to these amendments in earlier debates. I beg to move.

Moved, That the House do agree with the Commons in their Amendments Nos. 187 to 195 en bloc.—(Lord Mackay of Ardbrecknish.)

On Question, Motion agreed to.