UK Parliament / Open data

Child Trust Funds (Amendment No. 3) Regulations 2010

Debates on delegated legislation on Monday, 19 July 2010, in the House of Lords, led by Lord Sassoon. The answering member was Lord Davies of Oldham.

Draft Child Trust Funds (Amendment No. 3) Regulations 2010. Lords debate on a motion to approve. Amendment debated and disagreed to on division (154 votes to 189). Original motion agreed to on question.

About these Parliamentary proceedings

Reference

720 c864-84

Session

2010-12

Department

Treasury

Chamber / Committee

House of Lords chamber

Deposited Paper DEP2010-1580
Monday, 19 July 2010
Deposited papers
House of Lords

Child Trust Funds (Amendment No. 3) Regulations 2010
Tuesday, 29 June 2010
Statutory instruments
House of Lords
House of Commons

Proceeding contributions

Lord Sassoon | 720 c864-6 (Link to this contribution) My Lords, the Motion I am moving today invites the House to approve the Child Trust Funds (Amendment...

Lord Sassoon | 720 c864 (Link to this contribution) That the draft regulations laid before the House on 29 June be approved. Relevant documents: 1st Re...

Show all contributions (20)

Lord Sassoon | 720 c866 (Link to this contribution) I can confirm for my noble friend that it is not possible to end completely child trust funds by way...

Lord Maples | 720 c866 (Link to this contribution) My Lords, I think that many of us feel that it is no business of the Government to tax parents and g...

Lord Davies of Oldham | 720 c866-7 (Link to this contribution) At end to insert ““but this House regrets that the regulations will end a successful savings scheme;...

Lord Liddle | 720 c869 (Link to this contribution) My Lords, in rising to support the amendment moved by the noble Lord, Lord Davies, I make one simple...

Lord Naseby | 720 c868-9 (Link to this contribution) My Lords, I declare an interest. I contribute to the child trust funds for both my granddaughters, C...

Lord Davies of Oldham | 720 c881-2 (Link to this contribution) I shall speak to my amendment in a moment, possibly with some significant conclusion, but, first, I ...

Lord Sassoon | 720 c879-81 (Link to this contribution) I thank the noble Lord for his question. I think that it will relate to periods looking forward, on ...

Lord Morgan | 720 c876-7 (Link to this contribution) My Lords, I will make one simple point. This country is deeply unequal. Inequality has extended and ...

Lord McKenzie of Luton | 720 c879 (Link to this contribution) On the issue of no measurable increase in child poverty over the next few years, can the noble Lord ...

Lord Sassoon | 720 c877-9 (Link to this contribution) My Lords, I am grateful to those who have taken part in today’s debate. A number of noble Lords have...

Lord Newby | 720 c873 (Link to this contribution) My Lords, that is why I was saying that I thought that within the ISA wrapper, a marketing campaign ...

Lord Naseby | 720 c873 (Link to this contribution) If the noble Lord’s argument was valid, why do 12 per cent of families contribute to ISAs, whereas c...

Lord Blackwell | 720 c876 (Link to this contribution) My Lords, I rise briefly to support the Minister in bringing forward these regulations. I declare my...

Lord McKenzie of Luton | 720 c873-6 (Link to this contribution) My Lords, I speak in favour of the amendment moved by my noble friend Lord Davies and in opposition ...

Lord Hodgson of Astley Abbotts | 720 c870-2 (Link to this contribution) I support my noble friend. Clearly, we have urgent savings to make, and £500 million is no trifling ...

Lord Newby | 720 c872-3 (Link to this contribution) My Lords, over the coming months and years a series of public expenditure cuts will no doubt come fo...

Lord Davies of Oldham | 720 c867-8 (Link to this contribution) My Lords, it is always encouraging to hear the Government’s defence before the amendment has been mo...

Lord Davies of Oldham | 720 c877 (Link to this contribution) My Lords, I am grateful to all noble Lords who have contributed to the debate. Of course, the Minist...

Subjects

Disability

Children

Child benefit

Children in care

Child trust fund

Age

Contributions

Eligibility

Migrants

Individual savings accounts

Personal savings

Low incomes

Legislation