Clause 96 - Gifts of real property to charity

Part of Finance Bill – in a Public Bill Committee at 3:30 pm on 13th June 2002.

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Photo of John Healey John Healey The Economic Secretary to the Treasury 3:30 pm, 13th June 2002

I agree with my hon. Friend who anticipated the second part of my reply to the hon. Member for Kingston and Surbiton. His amendments would impose complex activities on the charity and also the complication of having to obtain valuations of a wide range of gifts to draw down the relief.