Clause 13 - Relief from income tax and capital gains tax
Child Trust Funds Bill
9:30 am
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 setting out the additional costs to the Exchequer over the period from 1st April 2004 to 31st March 2022 of relief from income tax and capital gains tax as a consequence of the introduction of child trust fund accounts, together with an assessment of the scope for greater tax avoidance activity.'.—[Mr. Laws.]