Clause 66 - Oil and gas: reinvestment after pre-trading disposal

Part of Finance (No. 2) Bill – in a Public Bill Committee at 4:00 pm on 13 May 2014.

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Photo of Catherine McKinnell Catherine McKinnell Shadow Minister (Treasury) 4:00, 13 May 2014

I appreciate that the Minister is not Mystic Morgan, but members of the Committee and members of the public would like to feel that the Government have put some thought into the measures in the Bill and given some consideration to the companies that will benefit. My questions are designed simply to elicit more information than is currently available, particularly given the total lack of information in the tax information and impact note, which gives the impression that the measure will have absolutely no impact on anybody anywhere.