Part of Finance Bill – in a Public Bill Committee at 11:45 am on 13 June 2013.
Catherine McKinnell
Shadow Minister (Treasury)
11:45,
13 June 2013
I am heartened by the hon. Gentleman’s Intervention. He is at least acknowledging that the Government should be considering the matter, and that in itself it is not unreasonable to ask that an assessment be made of how the annual levy on properties worth more than £2 million held in corporate partnership structures could be extended to a broader range of properties worth more than £2 million.
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.
An intervention is when the MP making a speech is interrupted by another MP and asked to 'give way' to allow the other MP to intervene on the speech to ask a question or comment on what has just been said.
