Clause 54 - Trading profits etc. from securities: taxation of amounts taken to reserves
Finance Bill (except clauses 4, 5, 20, 28, 57 to 77, 86, 111 and 282 to 289, and schedules 1, 3, 11, 12, 21 and 37 to 39)
3:15 pm
Mr John Healey (Economic Secretary, HM Treasury; Wentworth, Labour)
The short answer is that the clause is drafted in such a way that it is not relevant.
Question put and agreed to.
Clause 54 ordered to stand part of the Bill.