Schedule 15 - Charge to income tax on benefits received by former owner of property
Finance Bill
4:15 pm
Mr Howard Flight (Shadow Chief Secretary To the Treasury, Economic Affairs; Arundel and South Downs, Conservative)
The amendments are intended to avoid ambiguity by clarifying the fact that where paragraphs 3 and 6 mention
''the proceeds of the disposal''
they refer to the proceeds of the disposal of the interest referred to earlier in the measure. Amendment No. 37 simply avoids ambiguity by clarifying the fact that the person in question is the chargeable person as defined earlier. I hope that the Minister will confirm on the record that that is the case, which may avoid any need for amendments to be made.