Part of Finance Bill – in a Public Bill Committee at 1:15 pm on 17 May 2007.
Mark Hoban
Shadow Minister (Treasury)
1:15,
17 May 2007
I was not quite clear—perhaps that is my fault and not the hon. Gentleman’s—whether the £100,000 limit included all premiums paid by an individual or only those premium-related policies in which the entitlement has been waived.
A parliamentary bill is divided into sections called clauses.
Printed in the margin next to each clause is a brief explanatory `side-note' giving details of what the effect of the clause will be.
During the committee stage of a bill, MPs examine these clauses in detail and may introduce new clauses of their own or table amendments to the existing clauses.
When a bill becomes an Act of Parliament, clauses become known as sections.
