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Proceeding contribution from Stephen Ladyman (Labour) in the House of Commons on Wednesday, 25 February 2009. It occurred during Debate on bill on Saving Gateway Accounts Bill.


Saving Gateway Accounts Bill

But the wording of paragraph (c) would empower the Government to limit provision to organisations that are willing to provide access to a wider range of financial services. Organisations such as credit unions that could not provide that wider access would be covered by that paragraph, with the result that the Government or a future regulator might prevent them from providing gateway saving accounts.


Secondary information

Type
Proceeding contribution
Reference
488 c301 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Bank services Credit unions Carers' benefits Eligibility Financial services Financial institutions Interest rates Personal savings Low incomes Social security benefits Saving gateway
Legislation
Saving Gateway Accounts Bill 2008-09
Link
View this Proceeding contribution on www.publications.parliament.uk