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Clause 23 - Loan relationships: debts becoming held by connected company

Part of Finance Bill – in a Public Bill Committee at 5:00 pm on 12th June 2012.

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Photo of Nigel Mills Nigel Mills Conservative, Amber Valley 5:00 pm, 12th June 2012

It would be useful to the Committee if the hon. Lady could set out the Opposition’s view on the use of retrospective legislation. Labour used it occasionally while in government—is that something  the Opposition now regret and wish they had not done, or is it something that they would like to see used more often?