Orders of the Day — Finance Bill – in the House of Commons at 12:00 am on 4 June 1964.
Mr Maurice Macmillan
, Halifax
12:00,
4 June 1964
I beg to move Amendment No. 25, in page 36, line 11, at the end to insert:
3. Part III of Schedule 11, so far as applicable in relation to securities of the United Kingdom Government entered in the register of the Bank of Ireland in Dublin shall apply in relation thereto notwithstanding its repeal by the Statute Law Revision Act 1950.
This is purely a drafting Amendment, as is the next. Clause 22 applies various items of United Kingdom legislation affecting the National Debt and United Kingdom Government securities held in
the Bank of Ireland register in Dublin. The Schedule lists modifications of the National Debt legislation consequential on Clause 22 and which apply certain items of United Kingdom legislation to those securities. These two Amendments correct what were, frankly, two small oversights in drafting this Schedule, and, in moving them, I ask the indulgence of the Committee for this omission.
Mr John Boyd-Carpenter
, Kingston upon Thames
I beg to move, That the Chairman do report Progress and ask leave to sit again.
I think the Committee will feel that we have made very reasonable progress during the day—and I am sure the hon. Gentleman the Member of Sowerby (Mr. Houghton) would not regard it as unreasonable. It would be for the convenience of the Committee if we were to be able to start afresh next week on the new Clauses.
As a bill passes through Parliament, MPs and peers may suggest amendments - or changes - which they believe will improve the quality of the legislation.
Many hundreds of amendments are proposed by members to major bills as they pass through committee stage, report stage and third reading in both Houses of Parliament.
In the end only a handful of amendments will be incorporated into any bill.
The Speaker - or the chairman in the case of standing committees - has the power to select which amendments should be debated.
A parliamentary bill is divided into sections called clauses.
Printed in the margin next to each clause is a brief explanatory `side-note' giving details of what the effect of the clause will be.
During the committee stage of a bill, MPs examine these clauses in detail and may introduce new clauses of their own or table amendments to the existing clauses.
When a bill becomes an Act of Parliament, clauses become known as sections.