Without repeating the points, we have the same territories of concern that I articulated in relation to clause 109. We shall not vote against the clause, but we ask the Government to take note of the points that we raised on that clause in this context also.
Of course we take note of debate in Committee. Clause 111 is another element of the anti-avoidance package. It aims to prevent companies from using corporate vehicles to avoid proper rates of stamp duty. I shall not rerun the debate that we had on the previous clause, but I ask the Committee to support it.
The arguments will wait until starred new clause 19 comes up. However, we have put down a marker—it is relevant to this clause as there is a logic in the Government's capital gains tax exemption measures for the disposal of substantial shareholdings—to argue that there should be a parallel stamp duty exemption meeting the same point. That is what the clause is about.
Question put and agreed to.
Clause 111 ordered to stand part of the Bill.