I beg to move amendment 6, page 21, line 36, leave out subsection (3).
This is very straightforward. The necessity for clause 34(3), inserted in the House of Lords, refers to the financial privilege that obtains to the House of Commons pursuant to the resolution of 1671:
"That in all aids given to the King by the Commons, the Rate or Tax ought not to be altered by the Lords"- something to which the Lords have tacitly assented since their 1702 resolution.
In the Lords, the subsection was inserted to maintain the fiction that a Bill originating in the Lords would not require a money resolution in the Commons. Now that the Bill has already been in the Lords and we have maintained that fiction, we no longer need the subsection. The amendment merely removes that subsection so that we can proceed. It will not mean that the Bill would be subject to ping-pong.
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I am more interested in facts than fictions. I am concerned about clause 34(1), which says:
"This Act comes into force on the day on which it is passed."
There is no need for me to make a speech on the subject because I have made my reasons quite clear in previous speeches on other clauses, but the measure is precipitate, unnecessary and dangerous-