Clause 16 - Open-ended investment companies
Finance Bill
6:45 pm
Mark Field (Shadow Minister, Treasury; Cities of London and Westminster, Conservative)
I entirely endorse the gospel according to Mr. Gellatly of Merrill Lynch.
There is scope, although obviously not now, for a much wider debate about property taxes. I hope that we will have a chance to have it during our consideration of this Bill because there are grave concerns that we run the risk of disadvantaging much of the UK if we move ahead with the Europeanisation of our property taxes, although that may well be a desire of the Exchequer. However, three minutes to 7 this evening is not the time for that debate. I beg to ask leave to withdraw the amendment.
Amendment, by leave, withdrawn.
Clause 16 ordered to stand part of the Bill.
Clauses 17 and 19 to 23 ordered to stand part of the Bill.
Further consideration adjourned.—[Mr. Watson.]
Adjourned accordingly at Seven o'clock till Thursday 23 June at fifteen minutes past Nine o'clock.