The amendments centre on the regulation-making power in clause 242. The regulations, which I have sent in draft to members of the Committee, will allow the Inland Revenue to make assessments of some of the new tax charges in the new
regime, such as the unauthorised payments charge and the scheme sanction charge. The amendments give additional clarity to the regulation-making power, setting out in clause 242 precisely which charges are to be covered.
Seven of the other eight amendments in the group merely remove from other clauses some redundant references. Amendment No. 470 ensures that any assessment raised on a scheme member under the clause relates properly to the liability assumed by that member. The amendments ensure that the regulation-making power is adequate and clear. I therefore commend them to the Committee.
Amendment agreed to.
Clause 197, as amended, ordered to stand part of the Bill.