Part of Finance Bill – in a Public Bill Committee at 1:30 pm on 17 May 2007.
Roger Gale
Conservative, North Thanet
1:30,
17 May 2007
With this it will be convenient to discuss Amendment No. 66, in schedule 6, page 115, line 11, after ‘2006’, insert—
‘but where either the predecessor or the successor has no principal company as therein provided (because it is itself a principal company) it shall be deemed for the purposes of this section to be its own principal company’.
As a bill passes through Parliament, MPs and peers may suggest amendments - or changes - which they believe will improve the quality of the legislation.
Many hundreds of amendments are proposed by members to major bills as they pass through committee stage, report stage and third reading in both Houses of Parliament.
In the end only a handful of amendments will be incorporated into any bill.
The Speaker - or the chairman in the case of standing committees - has the power to select which amendments should be debated.
