New Clause. — (Special Provision for Tax Saving Schemes.)

Part of Orders of the Day — HIRE-PURCHASE (No. 2) BILL [Lords] – in the House of Commons at 12:00 am on 24 June 1964.

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Photo of Mr George Darling Mr George Darling , Sheffield, Hillsborough 12:00, 24 June 1964

I hope that the hon. Gentleman is not putting that forward as a criticism of the finance houses. Incidentally, I am getting rather embarrassed at being so much in the position of having to defend them. The reason why finance companies have to behave like this is, surely, that they have to operate under rather silly legislation.

Clause

A parliamentary bill is divided into sections called clauses.

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When a bill becomes an Act of Parliament, clauses become known as sections.