§ Mr. Michael Forsythasked the Chancellor of the Exchequer whether, following his Budget proposals, any of the pension rights secured by additional voluntary 449W contributions can be commuted into a tax-free lump sum, whether any restrictions will apply only to contributions paid after 17 March 1987 regardless of when the arrangements to pay such contributions was entered into; and if he will make a statement.
§ Mr. Norman Lamont[pursuant to his reply, 24 March 1987, c. 108]: I regret the delay in replying. I refer my hon. Friend to the answer given in my written reply on 7 April 1987 to my hon. Friend the Member for Cannock and Burntwood (Mr. Howarth) at columns 164–65.