Amendments proposed to the Child Trust Funds Bill - continued | House of Commons |
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Subscriptions and deprivation of capital
Mr David Laws NC9 *To move the following Clause:'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.'.
Investment information and advice from Inland Revenue
Mr David Laws NC10 *To move the following Clause:'(1) The Inland Revenue shall provide summary information on investment options and risks to all those responsible for managing child trust fund accounts. (2) But the Inland Revenue shall not itself offer any advice on which account types or providers should be selected. (3) If the Inland Revenue can be shown to have offered advice which has resulted in investment losses then it shall be legally liable for such losses.'.
Prohibition on advertising in pre-election period
Mr David Laws NC11 *To move the following Clause:'(1) The Government shall not advertise the introduction of child trust funds during the pre-election period. (2) In this section, the "pre-election period" means the period that
Mr George Osborne 101 Title, line 1, leave out 'child trust funds' and insert 'baby bonds'.
PROGRAMME ORDERS OF THE HOUSE (15TH AND
That the following provisions shall apply to the Child Trust Funds Bill: |
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