35

House of Commons

Thursday 5 February 2009

Public Bill Committee

New Amendments handed in are marked thus

Amendments which will comply with the required notice period at their next appearance

Saving Gateway Accounts Bill

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Dr Stephen Ladyman

20

Clause  13,  page  6,  line  8,  leave out ‘may’ and insert ‘must’.

Dr Stephen Ladyman

21

Clause  13,  page  6,  line  16,  at end insert ‘but may not prescribe a rate of interest that

is less than the Bank of England Base Rate;’.

Mr Mark Hoban

35

Clause  14,  page  6,  line  24,  leave out ‘may’ and insert ‘will’.

Mr Mark Hoban

36

Clause  16,  page  7,  line  9,  at end insert—

‘(1A)

Funds in the account will be transferred into an Individual Savings Account as set

out in the Finance Act 1998 (c. 36) of the kind prescribed by regulations and

operated by the provider of the Saving Gateway account in question.’.

Public Bill Committee: 5 February 2009

36

Saving Gateway Accounts Bill, continued

Mr Jeremy Browne

Mr Colin Breed

12

Clause  21,  page  9,  line  39,  leave out ‘£300’ and insert ‘£3,000’.

Mr Jeremy Browne

Mr Colin Breed

13

Clause  22,  page  10,  line  24,  leave out ‘issued’ and insert ‘received’.

Mr Jeremy Browne

Mr Colin Breed

14

Clause  24,  page  11,  line  7,  leave out ‘given’ and insert ‘received’.

Ian Pearson

40

Clause  24,  page  11,  line  8,  leave out ‘an appeal’ and insert ‘a tax appeal or a

Northern Ireland appeal’.

Ian Pearson

41

Clause  24,  page  11,  line  14,  at end insert—

‘( )	In subsection (2)—

“tax appeal” means an appeal in any part of the United Kingdom against a

requirement to account for an amount under regulations made under

section 14;

“Northern Ireland appeal” means an appeal in Northern Ireland against any

other requirement or decision.’.

Mr Jeremy Browne

Mr Colin Breed

15

Clause  27,  page  13,  line  1,  leave out ‘The first’.

Mr Jeremy Browne

Mr Colin Breed

16

Clause  27,  page  13,  line  4,  leave out subsection (6).

Public Bill Committee: 5 February 2009

37

Saving Gateway Accounts Bill, continued

Mr Jeremy Browne

Mr Colin Breed

17

Clause  27,  page  13,  line  7,  leave out ‘The first’.

Mr Jeremy Browne

Mr Colin Breed

18

Clause  27,  page  13,  line  11,  leave out subsection (8).

new clauses

Transfers

Mr Mark Hoban

NC1

To move the following Clause:—

‘The only circumstances in which a Saving Gateway account held with one

account provider may be transferred to another is when the account provider is

subject to the Banking Special Provisions Act 2008.’.

Payment of interest

Mr Mark Hoban

NC2

To move the following Clause:—

‘There shall be no requirement for providers of Saving Gateway accounts to pay

interest’.

Ian Pearson

That certain written evidence already reported to the House be appended to the

proceedings of the Committee.

Order of the House [13 JANUARY 2009]

That the following provisions shall apply to the Saving Gateway Accounts Bill:

Committal

1.	The Bill shall be committed to a Public Bill Committee.

Public Bill Committee: 5 February 2009

38

Saving Gateway Accounts Bill, continued

Proceedings in Public Bill Committee

2.	Proceedings in the Public Bill Committee shall (so far as not previously

concluded) be brought to a conclusion on Tuesday 10 February 2009.

3.	The Public Bill Committee shall have leave to sit twice on the first day on

which it meets.

Consideration and Third Reading

4.	Proceedings on consideration shall (so far as not previously concluded) be

brought to a conclusion one hour before the moment of interruption on the

day on which those proceedings are commenced.

5.	Proceedings on Third Reading shall (so far as not previously concluded) be

brought to a conclusion at the moment of interruption on that day.

6.	Standing Order No. 83B (Programming committees) shall not apply to

proceedings on consideration and Third Reading.

Other proceedings

7.	Any other proceedings on the Bill (including any proceedings on any

message from the Lords) may be programmed.

order of the committee [27 january 2009]

That—

(1)	the Committee shall (in addition to its first meeting at 10.30 am on Tuesday

27 January) meet—

(a)	at 4.30 pm on Tuesday 27 January;

(b)	at 10.30 am and 4.30 pm on Tuesday 3 February;

(c)	at 9.00 am and 1.00 pm on Thursday 5 February;

(d)	at 10.30 am and 4.30 pm on Tuesday 10 February;

(2)	the Committee shall hear oral evidence in accordance with the following

Table:

	Date	Time	Witness
	Tuesday 27 January	Until no later than	Financial Inclusion
		12.30 pm	Taskforce; Institute for
			Fiscal Studies; Personal
			Finance Research Centre,
			University of Bristol;
			Citzens’ Advice.
	Tuesday 27 January	Until no later than	British Bankers’
		6.30 pm	Association; Building
			Societies Association;
			Association of British
			Credit Unions Limited;
			Post Office Limited

(3)	the proceedings shall (so far as not previously concluded) be brought to a

conclusion at 7.00 pm on Tuesday 10 February.

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Revised 5 February 2009