Schedule 2 - Employee securities: anti-avoidance
Finance Bill
4:30 pm
Nicholas Winterton (Macclesfield, Conservative)
With this it will be convenient to discuss the following amendments: No. 2, in schedule 2, page 63, line 22, at end insert—
'(d) any contract of insurance offered by a company whose business includes the business of selling insurance policies where the contract is offered on substantially the same terms in the ordinary course of that insurance business.''.'.
No. 3, in schedule 2, page 63, line 36, leave out from beginning to end of line 3 on page 64 and insert—
'(8) This paragraph has effect on and after 2nd December 2004 and applies in relation to rights under contracts of insurance acquired on or after that date.'.