Income-based carried interest

Finance Bill – in a Public Bill Committee at 2:45 pm on 30 June 2016.

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Amendments made: 43, in clause 37, page 67, line 45, leave out “value” and insert “amount”.

Amendment 44, in clause 37, page 68, line 41, leave out “company” and insert “underlying scheme”.

Amendment 45, in clause 37, page 68, line 43, leave out “a company” and insert “an underlying scheme”.

Amendment 46, in clause 37, page 68, line 47, leave out “value” and insert “amount”.

Amendment 47, in clause 37, page 70, line 15, leave out “company” and insert “underlying scheme”.

Amendment 48, in clause 37, page 70, line 21, leave out “value” and insert “amount”.

Amendment 49, in clause 37, page 70, line 34, at end insert

“, or the acquisition of portfolios of investments from,”.— (Mr Gauke.)

Clause 37, as amended, ordered to stand part of the Bill.

Clauses 38 and 39 ordered to stand part of the Bill.

Clause 40