Member

Much of the detail of how this is going to be implemented depends on regulations, so I have two questions for my noble friend the Minister. First—and I have to admit that it is quite difficult to interpret the Bill—will regulations under Section 10 be made under the affirmative procedure, and hence come before this House and the Commons? Secondly, will there be consultation on those regulations and when will that take place? To be honest, much of what we are asking for in these amendments could be included in regulations. I will certainly be spending time over the coming months and years making sure that the regulations reflect the fact that the Government have a commitment, in my mind, to ensure that members benefit from the release of surpluses as much as employers.