§ Mr. George Cunninghamasked the Chancellor of the Exchequer approximately what proportion of contributors to occupational pension schemes is dealt with for tax purposes under the "net pay" arrangement described in paragraph 38 of the Inland Revenue's publication "Occupational Pension Schemes"; and what proportion is dealt with by means of an adjustment to PAYE codes.
§ Mr. NottFrom 1973–74 the "net pay" arrangement is applicable to all occupational pension scheme contributions for which tax relief is allowable.