Clause 151 - Non-resident companies: transactions

Finance Bill – in a Public Bill Committee at 4:30 pm on 20th May 2003.

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

Photo of Stephen O'Brien Stephen O'Brien Shadow Paymaster General

We have discussed several clauses for which the meat is found in a schedule. Therefore, I shall proceed on the basis of registering the fact that the Conservatives will not object to the clause stand part, but our agreement is subject to the way in which we discuss the amendments that we have proposed on schedule 26, which supports clause 151. The formal procedures do not allow us to reflect our concerns at this point.

Photo of Nicholas Winterton Nicholas Winterton Conservative, Macclesfield

The hon. Gentleman will be able to deal with the amendments that have been selected and, if necessary, I will be happy to grant a stand part on the schedule. However, based on the way in which the Committee has been proceeding, I suspect that most of the matters will be dealt with in detail during the discussion on the lead amendment and those that will be taken with it.

Question put and agreed to.

Clause 151 ordered to stand part of the Bill.