Clause 155 - Overseas life insurance companies
Finance Bill
5:00 pm
Ms Dawn Primarolo (Paymaster General, HM Treasury; Bristol South, Labour)
I take note of the right hon. Gentleman's comments. Perhaps the information on the clause could have more specifically explained the situation. I am sure that he, better than anyone else in the Committee, knows that none of us can put our hand on our heart and say that the vast amounts of information that have to be made available are perfect. However, with hindsight, we might have done things slightly differently.
I hope that the explanation that I have given members of the Committee satisfies them. They will know that I take very seriously the matter of proper scrutiny by the House.