Saving Gateway Accounts Act 2009
Progress of the Bill
Bill started in the House of Commons
- House of Commons
- House of Lords
- Royal Assent
- Royal Assent 2 July, 2009 | 02.07.2009
Act of Parliament
|Saving Gateway Accounts Act 2009 c.8 | PDF version, 1MB||02.07.2009|
Latest news on the Saving Gateway Accounts Act 2009
Following agreement by both Houses on the text of the Bill it received Royal Assent on 2 July. The Bill is now an Act of Parliament.
Summary of the Saving Gateway Accounts Act 2009This short Bill establishes a Government-subsidised savings scheme for people of working age on low incomes and in receipt of specified benefits. The scheme is voluntary and eligibility is on an individual basis. The Saving Gateway has been trialled in several regions of the UK; the Bill establishes a scheme for the whole country.
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