Schedule 3 - Qualifying Scheme

Part of Finance Bill – in a Public Bill Committee at 4:00 pm on 23 June 2005.

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Photo of Dawn Primarolo Dawn Primarolo Paymaster General (HM Treasury) 4:00, 23 June 2005

My answer to the hon. Gentleman's first concern is yes, it means any relevant territory. On his second point—that I should reflect on whether that needs to be spelt out in greater detail—I should say that it has not been raised with us as a problem of interpretation. It seems clear from the presentations, the open day and the submissions received by the Department, that the paragraph is understood to mean ''relevant'' territory.

If for any reason there is confusion outside the House or clarification is sought as a result of scrutiny of today's Hansard, I will be happy to consider the hon. Gentleman's suggestion. However, I am not minded to commit myself to doing something when there does not appear to be a problem. However, I shall reflect on his point in case the issue is raised.

Question put and agreed to.

Schedule 3 agreed to.