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Saving Gateway Accounts Bill

Amendment 14 14: Before Clause 26, insert the following new Clause— "Review and report to Parliament (1) The Commissioners must make arrangements for an independent review of— (a) the effect of Saving Gateway accounts on attitudes to saving money among persons who are or have been holders of Saving Gateway accounts; (b) the effect of Saving Gateway accounts on the behaviour of such persons in relation to saving money; (c) the effect of Saving Gateway accounts on the involvement of such persons with institutions offering financial services; (d) whether there are any barriers to the opening of Saving Gateway accounts by eligible persons; and (e) any other matters which the Commissioners and the Treasury agree should be considered. (2) The Commissioners must consult the Treasury before making the arrangements for the review. (3) The Commissioners must provide the results and conclusions of the review to the Treasury. (4) The Treasury must set out the results and conclusions in a report and lay the report before Parliament. (5) The report must be laid before Parliament within the seven years beginning with the coming into force of section 6."