Companies Legislation

Part of Oral Answers to Questions — Trade – in the House of Commons at 12:00 am on 27 October 1980.

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Photo of Dennis Canavan Dennis Canavan , Stirlingshire West 12:00, 27 October 1980

In view of the Lords' decision on the Vestey case, may we have an assurance on exactly how and when the Government will introduce amending legislation to close the tax loophole? Will the legislation be made retrospective, so that the millions of pounds of unpaid tax will have to be repaid to the public purse by scroungers like the Vesteys?