Clause 2
Finance (No. 2) Bill
5:00 pm
John Healey (Financial Secretary, HM Treasury; Wentworth, Labour)
Perhaps I did not make myself clear. The point I was making was that those manufacturers that already have a memorandum of understanding in place with us in a sense have a head start, because they have in place the information provisions and the relationship with HMRC on which the provisions and requirements of clause 2 will be based. The point about clause 2 is that the obligations that it will contain and the sanctions that may potentially apply will apply to all manufacturers that may be supplying the UK market, not just those that have memorandums of understanding already in place. I hope that that helps the hon. Gentleman.