Funder of the last resort

Pension Schemes Bill [Lords] – in the House of Commons am 5:01 pm ar 29 Mawrth 2017.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Pleidleisiau yn y ddadl hon

“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 (22 March), That the clause be read a Second time.

Proceedings interrupted (Programme Order, this day).

Photo of Lindsay Hoyle Lindsay Hoyle Deputy Speaker and Chairman of Ways and Means, Chair, Panel of Chairs, Chairman of Ways and Means, Chair, Panel of Chairs, Chair, Panel of Chairs, Chair, Panel of Chairs, Chair, Panel of Chairs 5:18, 29 Mawrth 2017

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 (Standing Order No. 83E), That the clause be read a Second time.

The House divided:

Ayes 230, Noes 289.

Rhif adran 191 Pension Schemes Bill [Lords]: Report Stage New Clause 1

Ie: 230 MPs

Na: 289 MPs

Ie: A-Z fesul cyfenw

Rhifwyr

Na: A-Z fesul cyfenw

Rhifwyr

Question accordingly negatived.

The Deputy Speaker then put forthwith the Questions necessary for the disposal of the business to be concluded at that time (Standing Order No. 83E).

New Clause 2