Clause 10
6:30 pm
Mark Hoban (Shadow Minister, Treasury; Fareham, Conservative)
Will the Economic Secretary spend a few moments outlining the purpose of the clause? There are only two sentences. The explanatory notes do not make clear what the purpose of the clause is. Is it about when there is an action on behalf of the account holder and that means that the account ceases to be a saving gateway account? Is it an action on the part of the provider? I should be grateful for some clarification as to exactly what the clause entails.