Clause 52 - Overseas pension schemes: general

Part of Finance Bill – in a Public Bill Committee am 9:15 am ar 11 Mehefin 2013.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Chris Leslie Chris Leslie Shadow Minister (Treasury) 9:15, 11 Mehefin 2013

Clauses 52 and 53 introduce a series of technical arrangements on qualified recognised overseas pensions schemes, which have the wonderful acronym QROPS—I am not sure quite how that is pronounced. Will the Minister give us a sense of whether there will be any particular benefit from these clauses? I would like to hear the rationale behind them put on the record.