Equitable Life (payments) act

Status of the bill: Enacted

Main purpose of the bill:

To make it possible for payments to be made to Equitable Life policyholders and other individuals (e.g. former policyholders) who have suffered losses due to Government maladministration.

Main points of the bill:

Will give the Treasury statutory authority to incur expenditure in making payments to Equitable Life policyholders.

Progress of the bill:

The Equitable Life (payments)Bill was included in the Queen's Speech on 25th May 2010.

Commons:
First Reading: 22.07.10 Second Reading: 14.09.10 Committee Stage: 10.11.10 Third Reading: 10.11.10

Lords:
First Reading: 11.11.10 Second Reading: 24.11.10 Third Reading: 24.11.10
Royal Assent: 16.12.10