Long title
To make provision about eligibility for a child trust fund; to repeal the Saving Gateway Accounts Act 2009; to make provision about entitlement to health in pregnancy grant; and for connected purposes.
Summary
This Bill gives effect to decisions made as part of the initial review of public expenditure undertaken soon after the 2010 General Election.
Three schemes introduced by the previous Labour Government – the Child Trust Fund; the Saving Gateway; and the Health in Pregnancy Grant – are deemed to be unaffordable by the Coalition Government and will be brought to a close by the provisions of the Bill.
Sponsoring departments
Mr George Osborne
Conservative, Tatton
Lord Sassoon
Conservative, Life peer
Current version of the Bill
Bill passage
Key