House of Commons Amendments

House of Commons

Session 2008 - 09
Internet Publications
Other Bills before Parliament

LORDS amendments to the
Saving Gateway Accounts Bill
[The page and line references are to HL Bill 25 (Rev), the bill as first printed for the Lords.]
Clause 3
1
Page 2, line 24, at end insert—

“( )
a carer’s allowance under section 70 of the Social Security

Contributions and Benefits Act 1992 (c. 4) (but this is subject to

subsection (3A));”
2
Page 2, line 31, at end insert—

“(3A)
A person is not an eligible person by reason of entitlement to a carer’s

allowance unless—

(a)
such an allowance is payable to the person; and

(b)
the amount payable has not, by reason of the person’s receipt of

other benefits, been reduced to nil under regulations made under

section 73 of the Social Security Administration Act 1992 (c. 5).”
Clause 4
3
Page 3, line 20, at end insert—

“( )
Regulations under subsection (2)(a) may not prescribe a period of less than

12 months.”
4
Page 3, line 21, after “Regulations” insert “under subsection (2)(c)”
5
Page 3, line 24, leave out “subsection (3)” and insert “this section”
Clause 25
LORD MYNERS
6
Page 12, line 29, leave out “three” and insert “two”

Bill 118 54/4

2

Before Clause 26
7
Insert the following new Clause—

“Review and report to Parliament

(1)
The Commissioners must make arrangements for an independent review

of—

(a)
the effect of Saving Gateway accounts on attitudes to saving money

among persons who are or have been holders of Saving Gateway

accounts;

(b)
the effect of Saving Gateway accounts on the behaviour of such

persons in relation to saving money;

(c)
the effect of Saving Gateway accounts on the involvement of such

persons with institutions offering financial services;

(d)
whether there are any barriers to the opening of Saving Gateway

accounts by eligible persons; and

(e)
any other matters which the Commissioners and the Treasury agree

should be considered.

(2)
The Commissioners must consult the Treasury before making the

arrangements for the review.

(3)
The Commissioners must provide the results and conclusions of the review

to the Treasury.

(4)
The Treasury must set out the results and conclusions in a report and lay

the report before Parliament.

(5)
The report must be laid before Parliament within the seven years beginning

with the coming into force of section 6.”
Clause 27
8
Page 13, line 4, after “or (4)” insert “, 4(2)(a) or (3), 6(5)”