UK Parliament / Open data

Saving Gateway Accounts Bill

Debate on bills and Committee proceeding on Tuesday, 21 April 2009, in the House of Lords.

About these Parliamentary proceedings

Reference

709 c355-84GC 

Session

2008-09

Department

Treasury

Legislative stage

Committee stage

Procedure

New clauses

Chamber / Committee

House of Lords Grand Committee

Related items

Saving Gateway Accounts Bill. As amended in Grand Committee.
Tuesday, 21 April 2009
Bills
House of Lords
Saving Gateway Accounts Bill. Brought from the Commons. Explanatory Notes HL Bill 25-EN also published.
Thursday, 26 February 2009
Bills
House of Lords

Proceeding contributions

Baroness Noakes | 709 c382GC (Link to this contribution) Before I consider what to do with my amendment, which I said was probing and so shall withdraw in du...
Baroness Noakes | 709 c358-9GC (Link to this contribution) The Minister’s response that the Government would like as much flexibility as possible was entirely ...

Show all contributions (65)
Baroness Noakes | 709 c364GC (Link to this contribution) Amendment 39 39: Before Clause 11, insert the following new Clause— "Annual report (1) The Treasury...
Baroness Noakes | 709 c367GC (Link to this contribution) First, I am delighted that the noble Lord, Lord Williamson, has chipped in. I knew that he was here ...
Baroness Noakes | 709 c367-8GC (Link to this contribution) Amendment 40 40: Before Clause 11, insert the following new Clause— "Report on effectiveness of Sav...
Baroness Noakes | 709 c368-9GC (Link to this contribution) The amendment would insert a new clause before Clause 11. My previous amendment focused on informati...
Baroness Noakes | 709 c372GC (Link to this contribution) Amendment 41 seeks to add a new subsection to Clause 12, which deals with HMRC recovering payments, ...
Baroness Noakes | 709 c375GC (Link to this contribution) It sounds from the Minister’s response as if we are on the same page but I want to take him back to ...
Baroness Noakes | 709 c375GC (Link to this contribution) Clause 14: Relief from income tax and capital gains tax Amendment 43 43: Clause 14, page 6, line 2...
Lord Myners | 709 c381-2GC (Link to this contribution) Amendment 45 is presented as a probing amendment. It concerns the disclosure of information by HMRC ...
Baroness Noakes | 709 c377GC (Link to this contribution) I thank the Minister for that reply. On the issue of "may" or "shall", I am aware that Governments a...
Lord Myners | 709 c382GC (Link to this contribution) Once the information is held by HMRC in relation to its functions, it is possible for it to be trans...
Lord Myners | 709 c384GC (Link to this contribution) This amendment is designed to correct a minor error in the Bill’s drafting. It concerns the definiti...
Lord Myners | 709 c363GC (Link to this contribution) I understand the noble Baroness’s concerns, but we do not think that the situation referred to in th...
Baroness Noakes | 709 c362GC (Link to this contribution) The amendment would add an extra subsection to Clause 10, which deals with accounts ceasing to be sa...
Baroness Noakes | 709 c360GC (Link to this contribution) Amendment 37 37: Clause 9, page 5, line 8, at end insert— "( ) Regulations must provide that statem...
Baroness Noakes | 709 c359GC (Link to this contribution) Clause 9: Statements etc. Amendment 36 36: Clause 9, page 5, line 8, leave out paragraph (c) and i...
Baroness Noakes | 709 c360GC (Link to this contribution) I thank the Minister for that response. I hope that the Government will take away a lot of these iss...
Lord Myners | 709 c358GC (Link to this contribution) This amendment would limit the flexibility of regulations. Specifically, it would prevent regulation...
Baroness Noakes | 709 c357GC (Link to this contribution) I thank the Minister for that response. He is fully aware of my reasons for raising these issues. He...
Baroness Noakes | 709 c357GC (Link to this contribution) Clause 8: Maturity payments Amendment 35 35: Clause 8, page 4, line 31, after "pence)" insert "not...
Baroness Noakes | 709 c355GC (Link to this contribution) Clause 7: Transfers Amendment 33 33: Clause 7, page 4, line 20, at end insert— "( ) A Saving Gatew...
Baroness Noakes | 709 c357-8GC (Link to this contribution) Amendment 35 would amend Clause 8(1), which deals with the amount that may be paid as a maturity pay...
Lord Myners | 709 c363GC (Link to this contribution) I recognise the noble Baroness’s point. There are scoundrels operating in the margin in the unbanked...
Baroness Noakes | 709 c363GC (Link to this contribution) I thank the Minister for that response. I shall of course need to go back to the draft regulations t...
Baroness Noakes | 709 c371GC (Link to this contribution) That is a handsome offer, for which I am grateful. I thank both noble Lords for taking part in the d...
Lord Myners | 709 c374-5GC (Link to this contribution) Amendment 42 would limit HMRC’s power to recover payments wrongly made. I rise with some trepidation...
Lord Myners | 709 c372-3GC (Link to this contribution) Amendment 41 seeks to limit HMRC’s powers so that it would be able to recover sums that had been inc...
Lord Myners | 709 c375GC (Link to this contribution) I think that I should look again at the regulations and ensure that they are perfectly aligned with ...
Baroness Noakes | 709 c380GC (Link to this contribution) Amendment 45 adds a provision to Clause 18 and seeks to protect information obtained by HMRC under t...
Baroness Noakes | 709 c380GC (Link to this contribution) Clause 18: Disclosure of information Amendment 45 45: Clause 18, page 8, line 7, at end insert— "(...
Baroness Noakes | 709 c378-9GC (Link to this contribution) The amendment seeks to add a new subsection to Clause 16, which deals with the transfer of funds whe...
Baroness Noakes | 709 c375-6GC (Link to this contribution) I shall speak also to Amendments 48 and 49. These deal with the tax regulation-making powers in Clau...
Baroness Noakes | 709 c382GC (Link to this contribution) That is a helpful offer. We often debate information gateway provisions, and there is obviously a te...
Baroness Noakes | 709 c382GC (Link to this contribution) Clause 19: Penalties: incorrect information Amendment 46 46: Clause 19, page 8, line 10, after "de...
Baroness Noakes | 709 c383-4GC (Link to this contribution) I am grateful to the Minister for setting that out. I shall carefully consider what he has said when...
Lord Myners | 709 c384GC (Link to this contribution) Clause 25: Appeals: jurisdiction and powers Amendment 47 47: Clause 25, page 12, line 29, leave ou...
Baroness Noakes | 709 c361-2GC (Link to this contribution) I thank the Minister for that reply. His argument depends on whether the regulation-making power can...
Baroness Noakes | 709 c359GC (Link to this contribution) I can be brief on Amendment 36, which seeks to amend Clause 9 so that the regulation-making power in...
Lord Myners | 709 c360GC (Link to this contribution) The amendment would put in the Bill a requirement that is already contained in the draft regulations...
Lord Brougham and Vaux | 709 c355GC (Link to this contribution) Welcome to the second day of the Committee stage of the Saving Gateway Accounts Bill. If there is a ...
Lord Williamson of Horton | 709 c365GC (Link to this contribution) In principle, I always hesitate about demanding too many reports from the public service and governm...
Baroness Noakes | 709 c364-5GC (Link to this contribution) Amendment 39 would insert a new clause before Clause 11 to require the Treasury to lay a report each...
Lord Newby | 709 c365-6GC (Link to this contribution) I, too, support the amendment, albeit for a slightly different reason. I am particularly concerned, ...
Lord Myners | 709 c366-7GC (Link to this contribution) This short debate has been most well informed. I agree with the noble Baroness about the importance ...
Baroness Noakes | 709 c373GC (Link to this contribution) I thank the Minister for that response. His officials have given him the most ludicrous examples to ...
Baroness Noakes | 709 c374GC (Link to this contribution) Amendment 42 42: Clause 12, page 5, line 40, at end insert— "( ) Regulations made under this sectio...
Baroness Noakes | 709 c379-80GC (Link to this contribution) I thank the Minister for that response. I understand why the Government might not want to make regul...
Lord Myners | 709 c379GC (Link to this contribution) The amendment would give regulations additional power to make provisions regarding the rollover acco...
Baroness Noakes | 709 c378GC (Link to this contribution) Clause 16: Transfer of funds on account ceasing to be Saving Gateway account Amendment 44 44: Clau...
Lord Myners | 709 c376-7GC (Link to this contribution) The noble Baroness began her comments on these amendments by asking a question about the match payme...
Baroness Noakes | 709 c382-3GC (Link to this contribution) The end is in sight; this is the last amendment that I shall move—in Committee. Clause 19 deals with...
Lord Myners | 709 c383GC (Link to this contribution) The amendment concerns the penalty chargeable on an account holder whose declaration made at the poi...
Baroness Noakes | 709 c362GC (Link to this contribution) Clause 10: Account ceasing to be Saving Gateway account Amendment 38 38: Clause 10, page 5, line 1...
Baroness Noakes | 709 c360-1GC (Link to this contribution) Amendment 37 would amend Clause 9 so that the regulations about statements have to provide that hard...
Lord Myners | 709 c361GC (Link to this contribution) Clause 9 already provides a power enabling regulations to specify the form and content of a statemen...
Baroness Noakes | 709 c355-6GC (Link to this contribution) I shall speak also to Amendment 34. These amendments concern transfers under Clause 7, which allows ...
Lord Myners | 709 c356-7GC (Link to this contribution) Amendments 33 and 34 would limit the circumstances in which the transfer of a saving gateway account...
Baroness Noakes | 709 c363-4GC (Link to this contribution) I completely understand what the Minister is saying. I need to reflect on why the 2004 Child Trust F...
Baroness Noakes | 709 c371GC (Link to this contribution) Clause 12: Recovery of payments by HMRC Amendment 41 41: Clause 12, page 5, line 40, at end insert...
Lord Myners | 709 c370-1GC (Link to this contribution) I agree with the sentiments expressed by the noble Baroness, Lady Noakes, and the noble Lords, Lord ...
Lord Newby | 709 c369-70GC (Link to this contribution) I support this amendment, but with one caveat. The principal reason for my support is that if there ...
Lord Williamson of Horton | 709 c369GC (Link to this contribution) I have already indicated my support for this amendment. It needs to be distinguished completely from...
Baroness Noakes | 709 c374GC (Link to this contribution) I move Amendment 42, which would add a new subsection to Clause 12, to debate a further issue relati...
Baroness Noakes | 709 c375GC (Link to this contribution) I thank the Minister for that. He might also like to reflect on why joint and several liability is t...

Subjects

Disclosure of information
Appeals
Capital gains tax
Bank services
Advisory services
Income tax
Financial services
Financial institutions
Overpayments
Pilot schemes
Personal savings
Low incomes
Northern Ireland
Payments
Social security
Tax allowances
Take-up
Revenue and Customs
Saving gateway

Legislation

Saving Gateway Accounts Bill 2008-09

Link

View this Parliamentary proceeding on www.publications.parliament.uk
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