Resolved, That, pursuant to section 3 of the House of Commons Members' Fund Act 1948 and section 2 of the House of Commons Members' Fund and Parliamentary Pensions Act 1981 (“the 1981 Act”), the amounts which may be or are to be paid out of the House of Commons Members' Fund specified in the First Schedule to the House of Commons Members' Fund Act 1939 (“the 1939 Act”) and in section 2 of the 1981 Act respectively, shall be increased as follows:
1939 c. 49, as amended by S.I. 1956/1668, 1957/388, 1961/988, 1965/718, 1971/770, 1972/1181, 1974/2061, 1975/2038, 1979/1667, 1980/1899, 1981/1848, 1982/1827, 1983/1823, 1984/2065, 1985/2082, 1987/511, 1988/742, 1989/365, 1990/853, 1991/992, 1992/1683, 1993/1181, 1994/631.
(1) in paragraph 1 of Schedule 1 to the 1939 Act, as amended (limits on discretionary payments to former Members of the House of Commons):
the amount of £4,574.35 shall be substituted for £3,554;
the amount of £8,444.66 shall be substituted for £6,561;
the amount of £8,806.34 shall be substituted for £6,842; and
the amount of £12,676.65 shall be substituted for £9,849.
(2) in paragraphs 2 and 2A of that Schedule, as amended (limits on discretionary payments to the widows and widowers of former Members of the House of Commons):
the amount of £2,858.65 shall be substituted for £2,221;
the amount of £6,728.96 shall be substituted for £5,228;
the amount of £5,504.93 shall be substituted for £4,277; and
the amount of £9,375.24 shall be substituted for £7,284.
(3) paragraphs (1) and (2) shall have effect from the date of this Resolution.
(4) with effect from the dates there specified, the amounts set out in the attached Schedule shall be substituted for the amounts mentioned in section 2(1) of the 1981 Act, as amended (payments to eligible former Members of the House of Commons who have not been Members since 15th October 1964 or to their widows or widowers).
(5) on each 1st April, from 2005 onwards, the amounts of the limits applicable to payments under section 1 of the 1939 Act and of the payments specified in section 2 of the 1981 Act shall be increased by the relevant percentage and the amounts in the said sections 1 and 2 shall be replaced accordingly.
(6) the relevant percentage to be applied each April is the percentage change over 12 months in the retail price index as at the previous September.