Public Bill Committees
Child Trust Funds Bill

• Child Trust Funds Bill, 1st sitting (2 speeches)
  [Mr. Joe Benton in the Chair]
  • Clause 1 - Child trust funds (37 speeches)
    I beg to move amendment No. 1, in clause 1, page 1, line 3, leave out 'child trust funds' and insert 'baby bonds'.
  • Clause 2 - Eligible children (67 speeches)
    I beg to move amendment No. 5, in clause 2, page 1, line 13, leave out '2002' and insert '1992'.
• Child Trust Funds Bill, 2nd sitting (0 speeches)
  • Mr. David Amess (0 speeches)
  • Clause 2 - Eligible children (8 speeches)
    Amendment moved [this day]: No. 6, in clause 2, page 2, line 4, leave out subsections (3) and (4).—[Mr. Osborne.] Question again proposed, That the amendment be made.
  • Clause 3 - Requirements to be satisfied (86 speeches)
    I beg to move amendment No. 9, in clause 3, page 2, line 31, at end insert— '(1A) Regulations under subsection (1) may not impose a requirement that the charge levied by the account...
• Child Trust Funds Bill, 3rd sitting (0 speeches)
  [Mr. Joe Benton in the Chair]
  • Clause 4 - Inalienability (16 speeches)
    I beg to move amendment No. 112, in page 3, line 18, leave out subsection (2).
  • Clause 5 - Opening by responsible person (16 speeches)
    I beg to move amendment No. 15, in clause 5, page 3, line 35, leave out from 'may' to 'apply' in line 37.
  • Clause 6 - Opening by Inland Revenue (35 speeches)
    I beg to move amendment No. 117, in clause 6, page 4, line 3, after 'selected', insert 'at random'.
  • Clause 7 - Transfers (8 speeches)
    I beg to move amendment No. 171, in clause 7, page 4, line 27, at end add— '(c) additional charges can be imposed by providers for transfers allowable under this section, including the...
• Child Trust Funds Bill, 4th sitting (0 speeches)
  [Mr. David Amess in the Chair]
  • Clause 8 - Initial contribution by Inland Revenue (63 speeches)
    I beg to move amendment No. 122, in page 4, line 30, leave out 'such amount' and insert 'an amount no less than £250'.
  • Clause 9 - Supplementary contribution by (26 speeches)
    I beg to move amendment No. 179, in clause 9, page 5, line 3, at end insert— '(2A) Regulations under subsection (2) may prescribe a supplementary contribution of nil.'.
  • Clause 10 - Further contributions by Inland Revenue (16 speeches)
    I beg to move amendment No. 180, in page 6, line 18, leave out paragraph (b) and insert— '(b) the children performing voluntary work for charities of a kind specified by regulations.'....
  • Clause 11 - Recouping Inland Revenue contributions (3 speeches)
    I beg to move amendment No. 130, in clause 11, page 6, line 29, at end insert 'provided that a person is shown to have acted fraudulently or negligently'. The Financial Secretary is being...
• Child Trust Funds Bill, 5th sitting (0 speeches)
  [Mr. Joe Benton in the Chair]
  • Clause 12 - Subscription limits (57 speeches)
    I beg to move amendment No. 131, in clause 12, page 6, line 34, leave out subsection (1). I welcome you, Mr. Benton, to the Chair. It is good to be back in Committee. Clause 12 deals with the...
  • Clause 13 - Relief from income tax and capital gains tax (5 speeches)
    I beg to move amendment No. 155, in clause 13, page 7, line 26, at end add— '(6) Before this section comes into force the Treasury shall lay before each House of Parliament a report...
• Child Trust Funds Bill, 6th sitting (3 speeches)
  [Mr. Joe Benton in the Chair]
  • Clause 13 - Relief from income tax and capital gains tax (10 speeches)
    Amendment moved [15 January]: No. 155, in clause 13, page 7, line 26, at end add— '(6) Before this section comes into force the Treasury shall lay before each House of Parliament a report...
  • Clause 15 - Information from account providers etc. (14 speeches)
    I beg to move amendment No. 181, in clause 15, page 8, line 6, leave out paragraphs (b) to (f).
  • Clause 17 - Use of information (8 speeches)
    I beg to move amendment No. 182, in clause 17, page 9, line 6, leave out subsection (2).
  • Clause 19 - Payments after death of child (8 speeches)
    I beg to move amendment No. 193, in clause 19, page 10, line 15, after 'representatives', insert 'or executors'.
  • Clause 20 - penalties (8 speeches)
    I beg to move amendment No. 156, in clause 20, page 10, line 36, leave out 'of £300' and insert 'not exceeding £3,000'.
  • Clause 27 - Commencement (11 speeches)
    I beg to move amendment No. 145, in clause 27, page 15, line 12, after 'section', insert 'section [report on savings effect of child trust funds],'.
• Child Trust Funds Bill, 7th sitting (0 speeches)
  [Mr. David Amess in the Chair]
  • Clause 27 - Commencement (28 speeches)
    Amendment proposed [this day]: No. 145, in clause 27, page 15, line 12, after 'section', insert 'section [report on savings effect of child trust funds],'.—[Mr. Laws.] Question again...
  • New Clause 9 - Subscriptions and deprivation of capital (6 speeches)
    'Subscriptions to child trust funds shall not be considered to constitute deprivation of capital in respect of entitlement to any benefits, tax credits or pensions credit.'.—[Mr. Laws.] ...