Part of Finance Bill – in a Public Bill Committee at 12:30 pm on 13 June 2013.
Rory Stewart
Conservative, Penrith and The Border
12:30,
13 June 2013
Is the hon. Lady implying that the fact that people are coming back into the country because of the attractiveness of property here is a problem? In the same way as raising the top income tax rate to 50p may have driven people out, changing the mansion tax regulations may also deter people from coming back into the country.
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.
