Question proposed, That the clause stand part of the Bill.

I would like to speak briefly to clause 13 because it makes well a point that several of my hon. Friends raised on Second Reading. The Bill is being rushed through without the opportunity to consider fully the practical effect that it will have. Of course, clause 13 is in the Bill only because there was an ill-considered proposal to introduce new arrangements to encourage incorporation by businesses that were previously incorporated in an earlier Finance Bill. The Chancellor himself introduced an unnecessary complexity into the tax system, so we are now being asked, at the run, to agree to the clause, which I think has the practical effect of dealing with one of the consequences of the Chancellor's earlier rushed and ill-advised legislation.

The clause is a good example of a measure that would have been better dealt with after mature reflection in the summer following the general election when it would have been available to hon. Members—

It being four hours after the commencement of proceedings on the Ways and Means motion, The First Deputy Chairman put the Questions necessary to dispose of the business to be concluded at that hour, pursuant to Order [this day].

Question put and agreed to.

Clause 13 ordered to stand part of the Bill.

Clauses 14 to 106 ordered to stand part of the Bill.

Schedules 1 to 11 agreed to.

Bill reported, without amendment; read the Third time, and passed.