Thursday, 17 July 1986
The House met at half-past Two o'clock
[MR. SPEAKER in the Chair]
Order for further consideration, as amended, read.
BEXLEY LONDON BOROUGH COUNCIL BILL (By Order)
Read the Third time, and passed.
asked the Chancellor of the Exchequer what is his latest estimate of the annual cost to the Exchequer of the present level of unemployment.
asked the Chancellor of the Exchequer what comparative information is available to him on the relationship in Organisation for Economic Co-operation and Development countries, between the burden...
asked the Chancellor of the Exchequer when he next plans to meet his Group 5 colleagues to discuss the co-ordination of economic policies.
asked the Chancellor of the Exchequer how much extra charitable giving he now expects to result from his Budget measures.
asked the Chancellor of the Exchequer what percentage of his gross wage a single person earning £100 per week pays in income tax and national insurance contributions.
asked the Chancellor of the Exchequer what progress he is making with his discussions about profit-related pay schemes.
asked the Chancellor of the Exchequer what representations he has received seeking additions to his proposals to extend direct ownership of equity shares.
asked the Chancellor of the Exchequer what estimate he has made of the comparable cost per job of jobs created as a result of (a) tax cuts and (b) public spending.
asked the Chancellor of the Exchequer how many individuals have purchased premium bonds in each of the last five years; and what was the total prize money paid out in each of those years.
asked the Chancellor of the Exchequer what are his latest projections for receipts from asset sales for 1986–87.
asked the Chancellor of the Exchequer what assessment he has made of the change in competitiveness of British exports owing to changes in the sterling exchange rate over the past 10 years.
asked the Chancellor of the Exchequer when he next intends to meet the Trades Union Congress general council to discuss manufacturing output; and if he will make a statement.
asked the Chancellor of the Exchequer what is his estimate of the revenue from North sea oil in 1986–87.
asked the Prime Minister if she will list her official engagements for Thursday 17 July.
May I ask the Leader of the House whether he will state the business for next week?
On a point of order, Mr. Speaker. You may remember that immediately after Prime Minister's questions on Tuesday I attempted to raise a point of order which related directly to the conduct of the...
With permission, Mr. Speaker, I wish to make a statement following consultations on the Scottish Tertiary Education Advisory Council's report on a future strategy for higher education in...
Not amended in the Committee and as amended (in the Standing Committee), further considered.
.—(1) The Broadcasting Act 1981 shall have effect with respect to additional payments payable by programme contractors under that Act subject to the amendment made by Part I of Schedule...
PART I
`(1) An instrument on which stamp duty is not chargeable by virtue of— (a) section 127(1) of the Finance Act 1976 (transfer to stock exchange nominee), or(b) section 83(1A) or (2) above,...
`(1) Section 86 above shall not apply as regards an agreement to transfer securities if the agreement is made by B in the ordinary course of his business as a market maker in securities of the...
'.—(1) Section 86 above shall not apply as regards an agreement to transfer a unit under a unit trust scheme to the managers under the scheme.(2) Section 86 above shall not apply as regards...
`(1) Where securities are transferred— (a) to a company which at the time of the transfer falls within subsection (5) of section 67 above and is resident in the United Kingdom, and(b) from...
`(1) Where securities are transferred— (a) to a company which at the time of the transfer falls within subsection (5) of section 70 above and is resident in the United Kingdom, and(b) from...
`(1) Stamp duty under the heading "Conveyance or Transfer on Sale" in Schedule 1 to the Stamp Act 1891 shall not be chargeable for an instrument transferring shares in one company (the target...
I beg to move amendment No. 148, in page 59, line 27, leave out 'registered' and insert 'incorporated'.
Amendments made: No. 151, in page 61, line 6, after `securities', insert `of a company incorporated in the United Kingdom'. No. 152, in page 61, line 11, leave out from 'securities' to 'shall' in...
Amendments made: No. 208, in page 61, line 37, after (b) insert— 'except that for those purposes a depositary receipt for relevant securities does not include an instrument acknowledging...
Amendments made: No. 159, in page 62, line 29 at beginning insert Subject to subsection (7A) below,'. No. 160, in page 62, line 31, leave out 'registered' and insert 'incorporated'. No. 209, in...
Amendments made: No. 165, in page 63, line 40, after 'securities', insert `of a company incorporated in the United Kingdom'. No. 166, in page 64, line 2, leave out from 'securities' to 'shall'...
Amendments made: No. 170, in page 64, line 22, leave out 'registered', and insert 'incorporated'. No. 171, in page 64, line 33 leave out from 'above' to second 'at' in line 34 and insert '...
Amendment made: No. 172, in page 67, line 18, after 'executed', insert `in pursuance of a contract made'.—[Mr. Ian Stewart.]
Amendments made: No. 173, in page 75, line 34, at end insert— ' (1A) Stamp duty shall not be chargeable on an instrument effecting a transfer of stock if— (a) the transferee is a...
Amendment made: No. 175, in page 76, line 37, at end insert— '(aa) references to a recognised investment exchange are to a recognised investment exchange within the meaning of the Financial...
Amendments made: No. 177, in page 77, line 13, leave out 'one' and insert 'a'. No. 178, in page 77, line 16, leave out subsection (2) and insert— ' (2) There shall be a charge to stamp...
Amendment made: No. 180, in page 78, line 11, leave out clause 87.—[Mr. Ian Stewart.]
Amendments made: No. 181, in page 79, line 23, leave out 'subsections (4) and (7)' and insert 'subsection (7) below and section (Depositary receipts: stamp duty reserve tax: exceptions)'. No....
Amendments made: No. 216, page 81, line 16, after paragraph (b) insert— `except that for those purposes a depositary receipt for chargeable securities does not include an instrument...
Amendments made: No. 189, in page 82, line 4, after 'below', insert 'and section(Clearance services: stamp duty reserve tax: exceptions) below'.
Amendments made: No. 196, in page 84, line 6, leave out `registered' and insert 'incorporated'. No. 197, in page 84, line 15, at end insert 'the transfer of which is not exempt from all stamp...
`(1) It shall be permissible for the trustees of an occupational pension scheme which is an exempt approved scheme under section 21 of the Finance Act 1970, to amend the rules of the scheme in...
'(1) No charge to Schedule E tax shall arise in respect of travel facilities provided for members of the Northern Constabulary and their spouses and children posted in Orkney, Shetland or the...
I beg to move amendment No. 31, in page 101, line 4, at end insert—
I beg to move amendment No. 4, in page 17, line 31, at end insert— `and for basic rate taxpayers shall be £31,000'. When I tabled the amendment I was not aware that the issue would be...
I beg to move amendment No. 225, in page 20, line 12, at end insert— '(7) In paragraph 1(5) of the 1984 Schedule, delete "before 1st July 1985".'. I thank my right hon. Friend the Financial...
I beg to move amendment No. 204, in page 22, line 39, at end insert— `(aa) if, before the date on which the alteration takes effect, a person who held such rights on 18th March 1986 ceases,...
Amendment made: No. 8, in page 26, line 14, leave out from 'and' to end of line 17 and insert 'which either contains provisions falling within subsection (3A)(a) below, or contains provisions...
Amendment made: No. 9, in page 27, line 6, at end insert— `(bb) for, and with respect to, appeals to the Special Commissioners against the Board's refusal to grant, or their withdrawal of,...
Amendment made: No. 10, in page 27, line 36, at end insert 'and in section 55(1) of the Taxes Act (certificates of deduction) after the words "Finance Act 1973" there shall be inserted "or...
Amendments made: No. 11, in page 29, line 28, at end insert— '(1A) In relation to a chargeable period of less than twelve months, subsection (1) above shall have effect as if the amount...
Amendments made: No. 33, in page 116, line 36, after `1960' insert 'or section 25 of the Charities Act (Northern Ireland) 1964'. No. 34, in page 117, line 4, leave out 'coming into force of...
Amendments made: No. 13, in page 31, line 22, leave out from 'assessment)' to end of line 9 on page 32 and insert— '(a) at the beginning there shall be inserted the words "Subject to...
Amendments made: No. 16, in page 32, line 41, after 'be', insert 'or to have been'.
I beg to move amendment No. 50, in page 124, line 14, at end insert— '(5A) In arriving at the value of any interest in land for the purposes of this paragraph— (a) it shall be assumed...
Amendment proposed: No. 81, in page 139, line 13, leave out from 'for' to end of line 14 and insert— 'the words from "any", in the second place where it occurs, to the end there shall be...
Amendment proposed: No. 89, in page 148, line 2. leave out 'Where' and insert 'Subject to paragraph 6A(4) below, where'.—[Mr. Ian Stewart.]
Amendments made: No. 91, in page 148, line 34, leave out 'If' and insert 'Subject to paragraph 6A(4) below, if. No. 92, in page 148, line 38, at end insert— '6A.—(1) Where a valuation...
I beg to move amendment No. 18, in page 42, line 41, leave out 'in subsection (2)' and insert the same basis as the banks in regard to payment of interest. In his Budget statement on 19 March...
Resolved,That a further sum not exceeding £44,636,349,000 be granted to Her Majesty out of the Consolidated Fund to complete or defray the charges for the service of the year ending on 31st...
Mr. Norman Lamont accordingly presented a Bill to apply a sum out of the Consolidated Fund to the service of the year ending on 31 March 1987, to appropriate the supplies granted in this Session...
Ordered,That, at this day's sitting, the Motion relating to the Channel Tunnel Bill may be proceeded with, though opposed, until any hour.—[Mr. Cope.]
Not amended in the Committee and as amended (in the Standing Committee), again considered.
Amendments made: No. 102, in page 151, leave out lines 18–29.
I beg to move amendment No. 19, in page 50, line 32, leave out from '1986' to end of line 39. I am pleased to move this amendment and I am grateful to Mr. Speaker for inserting it in his...
I beg to move amendment No. 109, in page 172, line 20, leave out 'with' and insert `on the first day or.
Amendments made: No. 113, in page 191, line 2, leave out `(5)' and insert `(6)'.
Amendments made: No. 20, in page 85, line 20 leave out from 'tax' to end of line 21.
I beg to move amendment No. 115, in page 201, line 9, leave out `otherwise than as settled property'.
Amendment made: No. 23, in page 87, line 12, leave out from 'unless' to end of line 15 and insert `the policy is varied on or after that date so as to increase the benefits secured or to extend...
Amendments made: No. 136A, in page 219, line 22, leave out 'under the principal section'.
Amendments made: No. 24, in page 87, leave out lines 27 to 34.
Amendments made: No. 26, in page 89, line 25, leave out 'and'.
Amendment made: No. 28, in page 95, line 33, at beginning insert 'This section shall be construed as one with part I of the principal Act and'. —[Mr. MacGregor.]
Amendments made: No. 137, in page 220, line 12, after `election)' insert 'in sub-paragraph (2)(b) for the words "and not exceeding fifteen years" there shall be substituted "or in the case of an...
Amendments made: No. 143, in page 227, line 25, column 3, at beginning insert— 'In section 457(1 A), the words from "and does not" to the end.'
I beg to move, That it be an Instruction to the Committee on the Channel Tunnel Bill that it has power to consider alternatives to the provision which is now made in the Bill regarding the access...
Motion made, and Question put forthwith pursuant to Standing Order No. 79(5) (Standing Committee on Statutory Instruments, etc.).
That the draft Air Navigation (Noise Certification) Order 1986, which was laid before this House on 7th July, be approved.
That the Local Authorities' Cemeteries (Amendment) Order 1986, a copy of which was laid before this House on 2nd July, be approved.—[Mr. Peter Lloyd.]
Motion made, and Question proposed, That this House do now adjourn.—[Mr. Peter Lloyd.]
Debates in the House of Commons are an opportunity for MPs from all parties to scrutinise government legislation and raise important local, national or topical issues.
And sometimes to shout at each other.