House of Commons Members' Fund Act 2016 explained

Short Title:House of Commons Members' Fund Act 2016
Type:Act
Parliament:Parliament of the United Kingdom
Long Title:An Act to consolidate and amend provisions about the House of Commons Members’ Fund; and to make provision about the House of Commons resources estimates.
Year:2016
Citation:2019 c. 18
Introduced Commons:Sir Paul Beresford
Introduced Lords:Lord Naseby
Royal Assent:12 May 2016
Commencement:12 August 2016
Status:current
Original Text:https://www.legislation.gov.uk/ukpga/2016/18/enacted
Legislation History:https://services.parliament.uk/Bills/2015-16/houseofcommonsmembersfundno2.html
Revised Text:https://www.legislation.gov.uk/ukpga/2016/18

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.

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The Act repealed the following Acts of Parliament:

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]

Notes and 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. en-GB.