Localism Bill (Ways and Means)

– in the House of Commons at 5:39 pm on 17th May 2011.

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Resolved,

That, for the purposes of any Act resulting from the Localism Bill, it is expedient to authorise—

(a) the making of provision in relation to income tax, corporation tax, capital gains tax, stamp duty, stamp duty land tax or stamp duty reserve tax in connection with a transfer of property, rights or liabilities by or under the Act; and

(b) the making of provision for a body not to be exempt from corporation tax, income tax or capital gains tax where in pursuance of the exercise of functions of the Greater London Authority the body carries on activities for a commercial purpose.—(Robert Neill.)