Clause 28 - Notices under sections 24 and 26
Finance Bill
5:00 pm
Philip Hammond (Shadow Chief Secretary To the Treasury, Treasury; Runnymede and Weybridge, Conservative)
I am sure that the Minister will explain why the Government think that, in this case, a non-statutory regime is preferable. It is important to have that debate, because, as the hon. Gentleman will know, there are many people outside the Committee and many practitioners in the field who believe that the Bill, because of its complexity and potential for genuine uncertainty, if not disagreement, is a good candidate for a statutorily enforceable pre-clearance regime.