Clause 13 - General betting duty: spread bets

Finance Bill – in a Public Bill Committee at 9:30 am on 16th May 2002.

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

Photo of Mr Howard Flight Mr Howard Flight Conservative, Arundel and South Downs

I welcome you to the Chair, Mr. Benton.

Can the Minister confirm that the industry and financial services are happy with the new definition? I have not received any objections and I presume that there was consultation on the matter.

Photo of Dawn Primarolo Dawn Primarolo Paymaster General (HM Treasury)

I confirm that there was consultation and that the industry and financial services are happy with the definition in the clause.

Question put and agreed to.

Clause 13 ordered to stand part of the Bill.