Clause 35
Finance Bill
10:45 am
Roger Gale (North Thanet, Conservative)
With this it will be convenientto discuss the following amendments: No. 16, page 26, line 33, after ‘Part,’, insert—
‘(ab) the qualifying expenditure in question is incurred after 21st March 2007 otherwise than pursuantto a relevant pre-commencement contract (seesubsection (7));’.
No. 17, page 26, line 38, leave out ‘before 1st April 2011’.
No. 18, page 26, line 40, leave out subsections (2) and (3).
No. 19, page 27, line 9, after ‘No’, insert
‘qualifying expenditure shall form any part of the residue of qualifying expenditure when a’.
No. 20, page 27, line 10, after ‘if’, insert—
‘(a) the qualifying expenditure in question is incurred after 21st March 2007 otherwise than pursuant to a relevant pre-commencement contract; and
(b) ’.
No. 21, page 27, line 12, leave out subsection (5).
No. 22, page 27, line 16, leave out ‘subsections (4) and (5)’ and insert ‘subsection (4)’.
No. 23, page 27, line 19, leave out ‘before 1st April 2011’.
No. 24, page 27, line 27, at end add—
‘(8) This section shall not come into force unless the Treasury have laid before Parliament a report setting out the impact of the abolition of balancing adjustments and of the agricultural and industrial buildings allowances.’.
No. 183, page 27, line 27, at end add—
‘(8) This section shall not come into force until the Treasury has laid before the House of Commons a report on consultations which it shall undertake with the agriculture and tourism industry within the period of six months from the date of the passing of this Act about the effects on those industries of the provisions of this section.’.