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Clause 49 - Gifts to the nation

Part of Finance Bill – in a Public Bill Committee at 3:15 pm on 14th June 2012.

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Photo of Ian Swales Ian Swales Liberal Democrat, Redcar 3:15 pm, 14th June 2012

Is it clear that the object itself has to pass physically from the owner? Are we sure that there will be no loopholes where people can say that they are giving objects to the nation but they may not physically pass from them until their death?