Schedule 15 - Charge to income tax on benefits received by former owner of property

Part of Finance Bill – in a Public Bill Committee at 6:15 pm on 18 May 2004.

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Photo of Mr Howard Flight Mr Howard Flight Shadow Chief Secretary To the Treasury, Economic Affairs, Shadow Chief Secretary to the Treasury 6:15, 18 May 2004

I would be grateful if the Paymaster General would comment on my latter remarks, on amendment No. 51. As I said, the amendment is designed to make it clear that the exemption covers replacement property.