Clause 27 - Commencement
Child Trust Funds Bill
2:30 pm
Mr David Amess (Southend West, Conservative)
With this it will be convenient to discuss the following: Amendment No. 161, in
clause 27, page 15, line 17, at end add—
'(4) No order may be made under subsection (3) until the report specified in section [proposals for conversion of child trust funds to tax-advantaged accounts for retirement saving] has been laid before Parliament.'.
New clause 7—Proposals for conversion of child trust funds to tax-advantaged accounts for retirement saving—
'The Treasury shall lay before each House of Parliament a report setting out proposals for child trust fund accounts to become, on maturity, tax-advantaged accounts for retirement saving.'.