House of Commons Members' Fund Act 2016

The House of Commons Members' Fund Act 2016 is an Act of the Parliament of the United Kingdom, introduced under the Ten Minute Rule by Sir Paul Beresford, to consolidate the provisions of the House of Commons Members' Fund.

House of Commons Members' Fund Act 2016
Act of Parliament
Long titleAn Act to consolidate and amend provisions about the House of Commons Members’ Fund; and to make provision about the House of Commons resources estimates.
Citation2019 c. 18
Introduced bySir Paul Beresford (Commons)
Lord Naseby (Lords)
Dates
Royal assent12 May 2016
Commencement12 August 2016
Other legislation
AmendsStatutory Instruments Act 1946
Income and Corporation Taxes Act 1988
Income Tax (Earnings and Pensions) Act 2003
Status: Current legislation
History of passage through Parliament
Text of statute as originally enacted
Revised text of statute as amended

Background

The House of Commons Members’ Fund (HCMF) was established in 1939, before a pension scheme was established in 1964, to help former Members and their dependants who had financial difficulty.[1]

Provisions

The Bill repeals the following Acts of Parliament:

  • House of Commons Members’ Fund Act 1939 - (Established the fund)
  • House of Commons Members’ Fund Act 1948 - (Extended assistance to widowers)
  • House Of Commons Members’ Fund Act 1957 - (Created Treasury contributions to the fund)
  • House of Commons Members’ Fund Act 1962
  • House of Commons Members’ Fund and Parliamentary Pensions Act 1981 - (Created pensions for certain former members)
  • Parliamentary Pensions etc. Act 1984
  • Ministerial and other Pensions and Salaries Act 1991

The Act empowers Trustees to cease requiring contributions from Members (which was previously £2 per member per month) and to return surplus funds to HM Treasury. It also extend the class of beneficiaries to assist all dependants of former Members who experience severe hardship. It would also allow one of the Trustees to be a former MP.[2]

References
  1. Thurley, Djuna; Kelly, Richard (29 February 2016). "BRIEFING PAPER NUMBER SN06794: House of Commons Members' Fund". UK Parliament Library: 3.
  2. Thurley, Djuna; Kelly, Richard (2016-02-29). "House of Commons Members' Fund". Cite journal requires |journal= (help)
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