Part of Care Homes (Domestic Pets) – in the House of Commons at 6:00 pm on 8 July 2009.
With this it will be convenient to discuss the following: Amendment 18, in page 289, line 23, at end insert—
'Conditions for tax-exempt business
3A (1) Section 107 (conditions for tax-exempt business) is amended as follows—
(2) In subsection (8)(b) after "before", insert "the third anniversary of ".
(3) The amendment made by sub-paragraph (2) has effect for distributions in respect of accounting periods beginning on or after
3B (1) Schedule 17 is amended as follows.
(2) In paragraph 6 (4) after "before", insert "the third anniversary of".
(3) The amendment made by sub-paragraph (2) has effect for distributions in respect of accounting periods beginning on or after
Government amendment 47.
Amendment 15, in page 290, line 24, at end insert—
'Profit: financing-cost ratio
5A (3) Section 115 (4) is amended as follows.
(4) In subsection 115 (4) (a) after "costs giving rise to", insert "credits or".
(5) In subsection 115 (4) at end insert "but exclude—
(f) financing costs falling within (a) to (e) above which are exceptional due to their size or incidence.".'.
Amendment 16, in page 290, line 29, at end insert—
'Termination by notice: Commissioners
6A (1) Section 129 is amended as follows.
(2) In section 129 (2) (c) at end insert "but a breach of the condition in section 107 (8) where the company is in financial difficulties shall not be treated as serious".
(3) The amendment made by sub-paragraph (2) is to be treated as always having had effect.'.