Pension Schemes Bill [Lords] – in the House of Commons am 5:01 pm ar 29 Mawrth 2017.
“Notwithstanding the provisions of section 8, the Secretary of State shall make provision for a funder of last resort, to manage any cases where the Master Trust has insufficient resources to meet the cost of complying with subsection (3)(b) of that section.”—(Alex Cunningham.)
Brought up, read the First time, and Question proposed (
Proceedings interrupted (Programme Order, this day).
Members will be aware that when the House previously considered the Bill on Wednesday last, the sitting was suspended, and subsequently the House adjourned, during a Division on the Question that new clause 1 be read a Second time. I shall begin proceedings on the Bill today by again putting that Question to the House.
Question put forthwith (
The House divided:
Ayes 230, Noes 289.