That is true; that is how the legislation is worded. If a future Government decided to double the match rate without consultation and without agreement, I am sure that people would pray against the regulations. Our clear policy intention is to update the monthly deposit limit, but we do not at the moment foresee making a fundamental change, such as a change to the match rate. That should be debated, and be subject to the affirmative procedure.
Saving Gateway Accounts Bill
Proceeding contribution from
Ian Pearson
(Labour)
in the House of Commons on Wednesday, 25 February 2009.
It occurred during Debate on bills on Saving Gateway Accounts Bill.
Type
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Reference
488 c312 
Session
2008-09
Chamber / Committee
House of Commons chamber
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