Speeches

Dan Jarvis – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Dan Jarvis on 2016-02-29.

To ask Mr Chancellor of the Exchequer, pursuant to the Answer of 25 February 2016 to Question 27757, whether he plans to take steps to mitigate the potential effect of the public sector exit cap proposed in the Enterprise Bill on employees of the Nuclear Decommissioning Authority.

Greg Hands

The public sector exit payment cap will apply to organisations classified as within the public sector by the Office for National Statistics (ONS), this will include the Nuclear Decommissioning Authority.

Restrictions imposed by the cap can be relaxed in exceptional circumstances for individuals or groups of individuals, subject to Ministerial approval. These circumstances will be set down in guidance and directions alongside the secondary regulations that will give effect to the cap.

The Government can also confirm that the regulations will not come into force before 1 October 2016 and therefore all exits before that date will not be within the scope of the public sector exit payment cap.

The public sector exit payment cap will apply to organisations classified as within the public sector by the Office for National Statistics (ONS), this will include the Nuclear Decommissioning Authority.

Restrictions imposed by the cap can be relaxed in exceptional circumstances for individuals or groups of individuals, subject to Ministerial approval. These circumstances will be set down in guidance and directions alongside the secondary regulations that will give effect to the cap.

The Government can also confirm that the regulations will not come into force before 1 October 2016 and therefore all exits before that date will not be within the scope of the public sector exit payment cap.