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Source: Parliament

UK Parliament · Public Bill · No. 0456

Bankers' Pensions (Limits) Bill

[1st reading, 10 March 2009]
A
BILL
to

This Bill would allow the pensions of board members of banks to be limited in circumstances in which a bank has been taken wholly or partly into public ownership because it was deemed incapable of trading as solvent or likely to go into administration. The amount of any reduction in pension would depend on the board member's responsibility for the events in question.

Presented by Ann Clwyd.
PublicCommons1st reading
Official Ballot · opengovt

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Open Govt visitors' votes477 votes
51% Aye · 24449% No · 233

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Sponsored by

AC
Ann Clwyd
LabourCynon Valley

Bill passage

Commons

  • 1st reading10 Mar 2009
  • 2nd reading