| Amendments proposed to the Child Trust Funds Bill - continued | House of Commons |
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Mr George Osborne 132 Clause 12, page 6, line 36, leave out 'Regulations may prescribe'.
Mr George Osborne 46 Clause 12, page 6, line 37, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 133 Clause 12, page 6, line 37, after 'year', insert 'shall be £1,200, or such greater amount as may be prescribed by regulations'.
Mr George Osborne 47 Clause 12, page 6, line 38, leave out 'child trust fund' and insert 'baby bond'.
Mr David Cameron 48 Clause 12, page 6, line 39, at end insert—'(2A) The maximum amount prescribed under regulations under subsection (2) shall not apply in any case where a person is, or persons are, entitled to Disability Living Allowance in respect of the child holding the child trust fund.'.
Mr David Laws 164 Clause 12, page 6, line 39, at end insert—'(2A) Regulations shall prescribe a minimum amount for a subscription by any individual into a single child trust fund in any one month and the minimum amount so prescribed shall not be above £5.'.
Mr George Osborne 49 Clause 12, page 6, line 40, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 134 Clause 12, page 6, line 41, after second 'the', insert 'first day of the month that includes the'.
Mr George Osborne 50 Clause 12, page 6, line 41, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 135 Clause 12, page 6, line 42, leave out 'immediately before' and insert 'on the first day of the month following that which includes'.
Mr David Laws 166 Clause 12, page 6, line 43, at end add—'(4) The Inland Revenue shall publish proposals for subscriptions to be made to child trust funds by electronic means.'.
Mr David Laws 172 Clause 12, page 6, line 43, at end add—'(4) The Inland Revenue shall publish, by 31st March 2005, proposals to allow direct payments of child benefit to child trust fund accounts.'.
Mr George Osborne 51 Clause 13, page 7, line 7, leave out 'child trust funds' and insert 'baby bonds'.
Mr George Osborne 52 Clause 13, page 7, line 11, leave out 'child trust funds' and insert 'baby bonds'.
Mr David Laws 155 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 David Laws 158 Clause 13, page 7, line 26, at end add—'(6) This section shall not come into force until the Treasury has laid before each House of Parliament a report on how the saving gateway proposals will be applied to investments in child trust funds.'.
Mr George Osborne 53 Clause 14, page 7, line 31, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 54 Clause 14, page 7, line 33, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 55 Clause 14, page 7, line 35, leave out 'child trust funds' and insert 'baby bonds'.
Mr George Osborne 56 Clause 15, page 8, line 1, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 57 Clause 15, page 8, line 4, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 181 Clause 15, page 8, line 6, leave out paragraphs (b) to (f).
Mr George Osborne 58 Clause 15, page 8, line 6, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 59 Clause 15, page 8, line 8, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 60 Clause 15, page 8, line 9, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 61 Clause 15, page 8, line 12, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 62 Clause 15, page 8, line 12, after 'fund', insert—'(ee) anyone responsible for the determination of matters specified in section [income disregard for purposes of income-related benefits, etc.](2),'.
Mr George Osborne 63 Clause 16, page 8, line 26, leave out 'child trust funds' and insert 'baby bonds'.
Mr George Osborne 64 Clause 17, page 8, line 42, leave out 'child trust funds' and insert 'baby bonds'.
Mr George Osborne 182 Clause 17, page 9, line 6, leave out subsection (2).
Mr George Osborne 65 Clause 17, page 9, line 6, leave out 'child trust funds' and insert 'baby bonds'.
Mr George Osborne 183 Clause 17, page 9, line 12, leave out from second 'the' to end of line 13 and insert 'collection of statistical information relating to child trust funds'.
Mr George Osborne 66 Clause 17, page 9, leave out line 15 and insert 'baby bonds'.
Mr George Osborne 67 Clause 17, page 9, line 21, leave out 'child trust funds' and insert 'baby bonds'.
Mr George Osborne 184 Clause 17, page 9, line 22, after 'held', insert 'before April 2005'.
Mr George Osborne 68 Clause 17, page 9, line 29, leave out 'child trust funds' and add 'baby bonds'.
Mr George Osborne 69 Clause 18, page 9, line 35, leave out 'child trust funds' and insert 'baby bonds'.
Mr George Osborne 70 Clause 18, page 9, line 37, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 71 Clause 18, page 9, line 39, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 72 Clause 18, page 9, line 40, leave out 'child trust funds' and insert 'baby bonds'.
Mr George Osborne 73 Clause 18, page 10, line 2, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 74 Clause 18, page 10, line 5, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 75 Clause 18, page 10, line 8, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 76 Clause 18, page 10, line 10, leave out 'child trust fund' and insert 'baby bond'.
Mr George Osborne 77 Clause 18, page 10, line 10, leave out 'Child Trust Funds' and insert 'Baby Bonds'.
Mr George Osborne 193 *Clause 19, page 10, line 15, after 'representatives', insert 'or executors'.
Mr George Osborne 185 Clause 19, page 10, line 18, at end insert 'or a child to whom subsection (2A) applies.(2A) This subsection applies to a child if—
(2C) Subsections (3) to (6) of section 2 apply for the purposes of determining eligibility under subsection (2A)(b) of this section as they apply for the purposes of determining entitlement under that section. (2D) Regulations made under section 2(7) may also amend subsection (2A) of this section by substituting for the reference to 31st August 2002 a reference to an earlier date specified in those regulations in respect of section 2(1).'.
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