Clause 26

Finance Bill

Public Bill Committees, 15 May 2007, 6:30 pm

Restrictions on trade loss relief for partners

Question proposed, That the clause stand part of the Bill.

Photo of Theresa Villiers

Theresa Villiers (Shadow Chief Secretary To the Treasury, Treasury; Chipping Barnet, Conservative)

The Opposition have grave concerns about the provisions in schedule 4, which is implemented by the clause. I shall address my remarks to that schedule in due course, but I wanted to put it on record that the fact that we shall not vote against the clause is not a reflection of our concerns, as we are very concerned about the matters raised.

Question put and agreed to.

Clause 26 ordered to stand part of the Bill.