Clause 96 - Gifts of real property to charity

Part of Finance Bill – in a Public Bill Committee at 4:15 pm on 13th June 2002.

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Photo of Mr John Burnett Mr John Burnett Liberal Democrat, Torridge and West Devon 4:15 pm, 13th June 2002

I appreciate that it is important to prevent avoidance. The Economic Secretary stated that the clawback provision lasts for only six years. It is possible that a condition on use may be innocently broken within that six-year period, and in such circumstances a clawback could technically happen. Would the Revenue consider mitigation in such a case?