Saving Gateway Accounts Bill: second reading

18 March 2009

Discussion of the Saving Gateway Accounts Bill, and its general principles, took place in the House of Lords on 17 March.

The second reading saw contributions from Members with a wide range of expertise on business, finance and more.

The committee stage - line by line examination of the Bill - where every suggested change can be discussed and votes can happen, is scheduled for 2 April.

The Saving Gateway Accounts Bill establishes a Government-subsidised savings scheme for people of working age on low incomes and in receipt of specified benefits.

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