Clause 64
Finance (No.2) Bill
11:15 am
Mark Francois (Shadow Minister, Treasury; Rayleigh, Conservative)
I rise to voice briefly our approval of the clause. In doing so, I declare for completeness an interest as a member of the Conservative Friends of Israel.
The clause exempts from tax payments by UK and foreign banks and building societies to holocaust victims and to their heirs for dormant accounts. The issue is sensitive and I do not think that it needs to be rehearsed at length here. It seems that the consultations on it have been successful, and we welcome the clause.