Clause 152 - General replacement of refrences to
Finance Bill
5:00 pm
Ms Dawn Primarolo (Paymaster General, HM Treasury; Bristol South, Labour)
The hon. Gentleman rightly said that the clause replaces the term ''branch'' or ''agency'' by ''permanent establishment'' in the relevant parts of the Taxes Act 1988. He specifically asked about subsection (2). Section 606(13) of the 1988 Act is amended by schedule 27 of the Bill. As a result, there is no longer a reference to section 118 of the Taxes Management Act 1970. There is no error.