Brian Hayes (Dublin South West, Fine Gael)

I move amendment No. 11:

In page 6, to delete lines 45 to 47 and substitute the following:

" 'contract of assurance' means—

(a) any contract of a type described in section 706(3) of the Act of 1997, and

(b) any other policy or contract of assurance made by an insurer with a person or persons having the management of a scheme of a kind described in paragraph (a) of the definition of 'scheme', other than a one member scheme;

'defined benefit scheme' has the meaning assigned to it in section 2(1) of the Pensions Act 1990;".

See this speech in context