Results 161–180 of 556 for speaker:Major Sir Henry D'Avigdor-Goldsmid

Orders of the Day — Territorial Army (16 Dec 1965)

Major Sir Henry D'Avigdor-Goldsmid: I cannot follow that. The only hon. Member I heard mention signallers was the hon. Member for Woolwich, West. This signal regiment has an ancient history. It goes back to the Cinque Ports Fencibles of the eighteenth century, which were formed in the days of William Pitt. It has had various transmutations. It has been an artillery regiment, a garrison artillery regiment and a signal regiment....

Local Government (West Midlands Order) ( 2 Dec 1965)

Major Sir Henry D'Avigdor-Goldsmid: I thought I detected in the speech of the hon. Lady the Member for Wolverhampton, North-East (Mr. Renée Short) some enthusiasm for further local government reform. I rather gathered that the Minister too has been interesting himself in further local government reform. If so, I should think that he has had a rather wearing evening, because it seems to me that the prevailing tone of the...

Orders of the Day — International Monetary Fund Bill (23 Jul 1965)

Major Sir Henry D'Avigdor-Goldsmid: My hon. Friend must take into account the enormous sterling debt which we accumulated during the war. Our assets went up in smoke and, at the end of the war, we were left with an enormous sterling debt.

Orders of the Day — International Monetary Fund Bill (23 Jul 1965)

Major Sir Henry D'Avigdor-Goldsmid: This is a very short Bill, but I cannot say the same about some of the speeches we have heard in connection with it. We have had a wide-ranging debate covering most facets of the economic field. I hope that the Chancellor will not be too disappointed if I confine my remarks to what the Bill is about. We have been indulging in a tour of the stratosphere of financial problems but I, perhaps as...

Orders of the Day — FINANCE (No. 2) BILL: Clause 58. — (Set-Off of Losses etc. Against Franked Investment Income.) (12 Jul 1965)

Major Sir Henry D'Avigdor-Goldsmid: I beg to move Amendment No. 317, Clause 58, in page 123, line 17, at the end to insert: Provided always that where a claim under this section relating to section 48 or 53 is made by an investment company as defined in section 53, paragraph (b) of this subsection shall not apply, and the company may require the reduction to be made in the amount treated as profit chargeable to corporation tax...

Orders of the Day — FINANCE (No. 2) BILL: New Clause. — (Companies in Which the Public are Substantially Interested.) ( 6 Jul 1965)

Major Sir Henry D'Avigdor-Goldsmid: Many hon. Members will be grateful to the Chair for a selection which has made it possible for this important new Clause to be debated at a time when a number of hon. Members can be present and when, perhaps, their faculties are not affected by lack of sleep. It is a particularly important Clause, because it brings into our consideration not only the actual companies concerned, whose number...

Orders of the Day — FINANCE (No. 2) BILL: New Clause. — (Companies in Which the Public are Substantially Interested.) ( 6 Jul 1965)

Major Sir Henry D'Avigdor-Goldsmid: The hon. Gentleman is kind enough to help me make my speech and I am very grateful. Unfortunately, we are addressing our minds to a Clause which seeks to widen the sphere of public companies and narrow the sphere of close companies. However much I may applaud the hon. Gentleman's remarks I feel that I should be out of order if I were to follow him. I shall address myself to the Clause which...

Orders of the Day — FINANCE (No. 2) BILL: New Clause. — (Companies in Which the Public are Substantially Interested.) ( 6 Jul 1965)

Major Sir Henry D'Avigdor-Goldsmid: I see that the hon. Gentleman nods approval. This is a prejudice which exists in many countries. One feels slightly more encouragement to do business with an institution which has the benefit of the fortunes of its founders rather than one which is an entirely public company in which the shareholders are, perhaps, in no position to protect their interests until long after they have suffered....

Orders of the Day — FINANCE (No. 2) BILL: New Clause. — (Companies in Which the Public are Substantially Interested.) ( 6 Jul 1965)

Major Sir Henry D'Avigdor-Goldsmid: That characteristic intervention from the hon. Member shows that he does not know the difference between a public company and a close company. I am talking about a close company in banking—a subject of which his father had a great deal of knowledge It is a pity that the father did not have a chance of passing it on to his son. I am entitled to ask the Chief Secretary whether he intends...

Orders of the Day — FINANCE (No. 2) BILL: New Clause. — (Companies in Which the Public are Substantially Interested.) ( 6 Jul 1965)

Major Sir Henry D'Avigdor-Goldsmid: If the right hon. Gentleman wants to know why it is pejorative, I have only to call his attention to Clause 69, which limits the amount which close companies can deduct for directors' remuneration, to Clause 70, which stops up a device under which close companies obtain tax benefits in respect of certain loans, to Clause 72, which concerns the shortfall in distributions by a close company...

Clause 61. — (Dividend Stripping, and Bond Washing.) (16 Jun 1965)

Major Sir Henry D'Avigdor-Goldsmid: I beg to move Amendment No. 558, in page 77, line 1, to leave out from "dealer" to "for" in line 4.

Clause 61. — (Dividend Stripping, and Bond Washing.) (16 Jun 1965)

Major Sir Henry D'Avigdor-Goldsmid: With this Clause we now depart from the broad uplands of national policy where we have seen pioneers struggling in the face of all climatic difficulties to earn profits to inure to the benefit of the country, to what might be called the crooked streets where devious transactions take place. I notice that the Clause bears the emotive rubric of "Dividend stripping, and bond washing", so I am...

Clause 61. — (Dividend Stripping, and Bond Washing.) (16 Jun 1965)

Major Sir Henry D'Avigdor-Goldsmid: As has been made abundantly clear, this is a Clause full of complications. Therefore, I should like to put very simply and clearly to the right hon. Gentleman the point that I want to make, which is that the Chancellor has been perfectly fair in everything that he has done in that he has said that there is no element of retrospection in the legislation in front of us. I tabled an Amendment...

Clause 61. — (Dividend Stripping, and Bond Washing.) (16 Jun 1965)

Major Sir Henry D'Avigdor-Goldsmid: In dealing with this Clause, I would be grateful if the right hon. Gentleman would confirm that it does exactly what he said, namely, that it translates into terms of Corporation Tax what is in the existing legislation. There are certain subtle changes in language in this Clause compared with previous legislation. For instance, in subsection (1,a) the expression an ingredient in a holding is...

Forestry Commission (Estimates Committee's Reports) (14 Jun 1965)

Major Sir Henry D'Avigdor-Goldsmid: I beg to move to leave out from "That" to the end of the Question and to add instead thereof: this House takes note of the Seventh Report of the Estimates Committee in the last Session of the last Parliament and of the Eighth Special Report from the Estimates Committee, relating to the Forestry Commission. The work of the Estimates Committee takes place upstairs and sometimes a long way from...

Orders of the Day — FINANCE (No. 2) BILL: Clause 32. — (Exemption for Charities and Other Miscellaneous Exemptions.) (31 May 1965)

Major Sir Henry D'Avigdor-Goldsmid: I do not think that anyone will quarrel with this addition to the Bill. There is one matter, however, that I want to have clarified. In the last part of Amendment No. 437 there is reference to the making of assessments at any time not more than three years after the end of the year of assessment and so on. This seems to me to be adding unnecessary delay and confusion. I agree that the trust...

Orders of the Day — FINANCE (No. 2) BILL: Clause 32. — (Exemption for Charities and Other Miscellaneous Exemptions.) (31 May 1965)

Major Sir Henry D'Avigdor-Goldsmid: I do not understand what the hon. Member means by "if the facts were not known". We are speaking of a valuation which must be carried out by law, and for which the trustees are responsible. This is something to which they have put their names. I do not understand why the facts should not be known in such a context. It is for the trustees to produce the valuation and for the Inland Revenue to...

Orders of the Day — FINANCE (No. 2) BILL: Clause 32. — (Exemption for Charities and Other Miscellaneous Exemptions.) (31 May 1965)

Major Sir Henry D'Avigdor-Goldsmid: In supporting the Amendment I wish, briefly, to make it clear that this is a case where the Government Front Bench, aided and abetted by the hon. Member for Manchester, Cheetham (Mr. Harold Lever), have simply muddled the issue. The issue is indeed a simple one; namely, that under Clause 34(1) a rebate is allowed to the individual investor in an investment trust or unit trust in respect of...

Orders of the Day — FINANCE (No. 2) BILL: Clause 23. — (Death.) (26 May 1965)

Major Sir Henry D'Avigdor-Goldsmid: Unlike my hon. Friend the Member for Worcester (Mr. Peter Walker), I think that a night's rest has done the Financial Secretary no end of good. He has come here in a much more benevolent mood than yesterday. I hope that he will have another good night's sleep tonight, and that he will be in an even better mood tomorrow. I have a particular point to raise on this Clause. In the first place,...

Orders of the Day — FINANCE (No. 2) BILL: Clause 24. — (Settled Property.) (26 May 1965)

Major Sir Henry D'Avigdor-Goldsmid: I beg to move Amendment No. 206, in page 25. line 43, to leave out subsection (12).


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