Clause 20

Part of Finance (No. 2) Bill – in a Public Bill Committee at 6:45 pm on 26th October 2010.

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Photo of David Gauke David Gauke The Exchequer Secretary 6:45 pm, 26th October 2010

It is a pleasure to welcome back the right hon. Gentleman from the Chamber. I am grateful for his remarks. This should not be a contentious matter. Essentially, clause 20 implements the changes required to comply with the EU technical directive. The remainder of the changes required by the directive will be introduced by statutory instrument later in the year. This is a measure that relates to the wholesale supplies of natural gas. UK businesses welcomed both the introduction of the rules and the current changes.