Clause 64
Finance (No.2) Bill
11:30 am
Dawn Primarolo (Paymaster General, HM Treasury; Bristol South, Labour)
I am sure that any Member of this House occupying my role in Government would take the clear view that the restoration of accounts to their original owners or heirs stems from a very dark episode in global history. As all Committee members who have spoken acknowledge, it was considered only right and proper to make provision in the clause for the exemption.
I am grateful for hon. Members’ comments. Rarely is a clause in any Finance Bill so welcomed. The words “morally right” are not often attached to considerations of taxation, but they could apply anywhere. They might apply to other points, but they definitely apply to the clause’s objectives. I commend it to the Committee.