New Clause 8 — Transfers of trade to obtain terminal loss relief

Part of Parliamentary Commissions of Inquiry – in the House of Commons at 4:00 pm on 7th July 2009.

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Photo of John Pugh John Pugh Shadow Minister (Health), Shadow Minister (Treasury) 4:00 pm, 7th July 2009

Does the right hon. Gentleman agree that it is a great pity that new clause 2 has not been selected, as in a sense it does precisely what he has described?