(Except clauses 1, 3, 7, 8, 12, 20, 21, 25, 67 and 81 to 84, schedules 1, 18, 22 and 23, and new clauses relating to microgeneration) - Clause 27
Finance Bill
1:00 pm
Roger Gale (North Thanet, Conservative)
I remind the Committee that with this we are discussing the following amendments: No. 29, in clause 27, page 17, line 34, after ‘arrangements’, insert ‘taken as a whole’.
No. 27, in clause 27, page 17, line 34, leave out ‘secure a tax advantage’ and insert
‘avoid a liability to capital gains tax, corporation tax or income tax’.
No. 32, in clause 27, page 17, line 34, at end insert
‘; and
(c) the arrangements are not prescribed arrangements.’.
No. 26, in clause 27, page 17, line 38, leave out from ‘enforceable),’ to end of line 7 on page 18.
No. 33, in clause 27, page 17, line 38, leave out ‘and’ and insert—
‘“prescribed” means set out in regulations made by the Commissioners for Her Majesty’s Revenue and Customs.’.
No. 28, in clause 27, page 18, line 11, leave out
‘tax advantage is secured for’
and insert
‘avoidance of liability to taxation relates to’.