HC Deb 11 May 1992 vol 207 c46W
Mr. Battle

To ask the Secretary of State for Social Security if he will use discretionary powers given under the Social Security Act 1990, to ensure that the debt owed to the Maxwell pension schemes is treated as a preferential debt for the purposes of the Insolvency Act 1986.

Miss Widdecombe

Schedule 4 to the Social Security Act 1990 introduced the employer debt provision for occupational pension schemes. There is no discretionary power to treat the debt as preferential for the purposes of the Insolvency Act 1986.