Clause 8 - Initial contribution by Inland Revenue
Child Trust Funds Bill
3:15 pm
Mr David Laws (Yeovil, Liberal Democrat)
I am following the hon. Gentleman's argument with interest. Can he clarify two aspects of his proposal? First, is the idea that there should be an annual payment of the amount of child benefit that is selected, or should it be paid in on a more regular basis? Secondly, is he assuming not that there will be a general entitlement to child benefit of which a proportion will go into the child trust fund but that a proportion of the existing child benefit amount will be chosen, arbitrarily or not, and that and only that will go into the child trust fund, and there will be no further child benefit entitlement?