Clause 16
Finance Bill
3:45 pm
John Healey (Financial Secretary, HM Treasury; Wentworth, Labour)
I do not think that the hon. Gentleman would advocate two Finance Bills a year. It would be another year before we had the opportunity to put the legislative framework in place in a Finance Bill, so it seemed sensible to put the regulation-making power in primary legislation, as we may well need it before we get the opportunity to return to it in the next Finance Bill.