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| New Amendments handed in are marked thus  |
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| Amendments which will comply with the required notice period at their next appearance
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| (Except Clauses 1, 3, 16, 183, 184 and 200 to 212; Schedules 3 and 41; any new Clauses, and
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| any new Schedules, first appearing on the Order Paper not later than Tuesday 16 April 2013
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| and relating to tax measures concerning housing; and any new Clauses, and any new
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| Schedules, relating to value added tax or the bank levy or air passenger duty or the subject
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| matter of Clauses 1 and 16 and Schedule 3 or the subject matter of Clause 3 or the subject
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| matter of Clauses 203 to 212 and Schedule 41)
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| | The Amendments have been arranged in accordance with the Order of the |
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| | Committee [23 April 2013]. |
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| Clause 48, page 22, line 33, at end add— |
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| | ‘(3) | The Treasury shall publish a review within six months of Royal Assent of the |
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| | impact of restricting or reducing exemptions from income tax of employee |
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| | contributions to pension schemes at the additional rate. The review shall assess |
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| | the impact that alternative uses for revenues currently committed to pensions tax |
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| | reliefs and exemptions for the additional rate of income tax could have on job |
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| | creation for the long-term unemployed.’. |
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| Clause 51, page 24, line 33, at end add— |
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| | ‘(13) | The Chancellor of the Exchequer shall publish a report to Parliament within three |
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| | months of Royal Assent of this Act on the impact of the abolition of contracting |
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| | out on lower earners, women born between 1951 and 1953, and individuals |
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| | without a continuous 35 years of employment.’. |
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| Clause 51, page 24, line 33, at end add— |
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| | ‘(13) | The Chancellor of the Exchequer shall publish an impact assessment of the |
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| | Single-Tier Pension proposals taking account of the implications of the changed |
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| | implementation timetable announced in the Budget Statement of March 2013 for |
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| | individuals, the pensions industry and employers, and place a copy of the |
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| | Assessment in the House of Commons Library.’. |
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| Clause 54, page 27, line 5, at end insert ‘and provision for an exemption from |
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| income tax in connection with advice relating to proposed employee shareholder |
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| Clause 54, page 27, line 5, at end add— |
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| | ‘(2) | The Chancellor of the Exchequer shall review the impact of this section on tax |
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| | avoidance activity, and place a copy of this review in the Library of the House of |
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| | Commons within six months of Royal Assent.’. |
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| Clause 54, page 27, line 5, at end add— |
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| | ‘(2) | The Chancellor of the Exchequer shall review the impact of this section and |
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| | section 31 of the Growth and Infrastructure Act 2013, on employment rights and |
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| | on tax avoidance activity, and place a copy of this review in the Library of the |
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| | House of Commons within six months of Royal Assent.’. |
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| Schedule 22, page 326, line 31, leave out ‘(c)’ and insert ‘(d)’. |
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| Schedule 22, page 333, line 18, leave out ‘(c)’ and insert ‘(d)’. |
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| Schedule 22, page 339, line 8, at end insert— |
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| | 36B | In Chapter 11 of Part 4 of ITEPA (employment income: miscellaneous |
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| | exemptions), after section 326A insert— |
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| | “Employee shareholder agreements |
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| | 326B | Advice relating to proposed employee shareholder agreements |
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| | (1) | No liability to income tax arises by virtue of— |
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| | (a) | the provision of relevant advice by a relevant independent |
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| | (b) | the payment or reimbursement, in accordance with section |
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| | 205A(7) of the Employment Rights Act 1996, of any |
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| | reasonable costs incurred in obtaining relevant advice. |
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| | (2) | “Relevant advice” means— |
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| | (a) | advice, other than tax advice, which is provided for the |
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| | purposes of section 205A(6)(a) of that Act (advice as to terms |
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| | and effect of employee shareholder agreement), and |
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| | (b) | tax advice which is so provided and consists only of an |
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| | explanation of the tax effects of employee shareholder |
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| | “employee shareholder agreement” means an agreement by virtue of |
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| | which an employee is an employee shareholder (see section |
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| | 205A(1)(a) to (d) of that Act); |
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| | “relevant independent adviser” has the meaning that it has for the |
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| | purposes of section 203(3)(c) of that Act.”’. |
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| Clause 67, page 35, line 37, leave out subsection (2). |
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| Clause 67, page 36, line 15, at end add— |
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| | ‘(9) | The Chancellor of the Exchequer shall review the overall impact of the |
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| | Government’s overall budgetary and policy decisions on support for the low |
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| | emitting vehicles industry, and the sales of these vehicles, and place a copy of this |
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| | review in the Library of the House of Commons within six months of Royal |
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| Clause 91, page 54, line 2, at end add— |
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| | ‘(10) | The Treasury shall within three months of Royal Assent of this Act publish an |
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| | assessment of the impact of the charge to tax in this section if subsection (2)(b) |
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| Clause 177, page 105, line 25, leave out paragraph (b). |
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| Clause 192, page 113, line 26, after ‘rights)’ insert— |
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| | ‘(a) | has effect subject to the amendment in subsection (1A) in relation to |
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| | agreements for the grant or assignment of an option that are entered into |
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| | during the period beginning with 21 March 2012 and ending immediately |
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| | before the day on which this Act is passed, and’. |
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| Clause 192, page 113, line 28, leave out from ‘into’ to end of line 29 and insert |
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| Clause 192, page 113, line 29, at end insert— |
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| | ‘(1A) | At the end of subsection (1A) insert “or an agreement for the future grant or |
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| | assignment of an option”.’. |
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| Clause 192, page 114, line 30, at end insert— |
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| | ‘(6A) | Subsections (8) to (10) apply where— |
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| | (a) | as a result of subsection (1A) of this section, section 45 of FA 2003 does |
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| | not apply in relation to a contract of the kind mentioned in subsection |
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| | (1)(a) of that section (“the original contract”), |
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| | (b) | the original contract was substantially performed or completed (or, in a |
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| | case that would have fallen within subsection (5) of that section, |
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| | substantially performed or completed so far as relating to the relevant |
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| | part of the subject-matter of the original contract) at the same time as, and |
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| | in connection with, the substantial performance or completion of an |
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| | agreement for the grant or assignment of an option, and |
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| | (c) | that time fell before the day on which this Act is passed.’. |
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| Clause 192, page 114, line 31, leave out from beginning to ‘apply’ and insert |
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| ‘Subsections (8) to (10) also’. |
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| Clause 225, page 132, line 43, at end add— |
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| | ‘(3) | The Treasury shall publish a review within six months of Royal Assent of the |
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| | impact of the recent withdrawal of merchant acquiring facilities by banks from |
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| | small enterprises and in particular travel agencies. The review shall specifically |
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| | (a) | the impact on the ability of targeted businesses to continue to trade where |
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| | customers are unable to pay securely for transactions by debit or credit |
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| | (b) | the risks of increased levels of activity in the hidden economy and the |
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| | potential costs to the Exchequer.’. |
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| NEW CLAUSES OTHER THAN THOSE RELATING TO TAX MEASURES CONCERNING |
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| HOUSING AND FIRST APPEARING ON THE ORDER PAPER NOT LATER THAN TUESDAY 16 |
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| APRIL OR RELATING TO VALUE ADDED TAX OR THE BANK LEVY OR AIR PASSENGER |
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| DUTY OR THE SUBJECT MATTER OF CLAUSES 1 AND 16 AND SCHEDULE 3 OR THE |
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| SUBJECT MATTER OF CLAUSE 3 OR THE SUBJECT MATTER OF CLAUSES 203 TO 212 AND |
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| | Contribution allowances: plant and machinery |
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| To move the following Clause:— |
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| | ‘(1) | Section 538 of CAA 2001 (contribution allowances: plant and machinery) is |
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| | (2) | In subsection (1), omit the “and” at the end of paragraph (a) and after that |
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| | “(aa) | C’s contribution is to expenditure on the provision of plant or |
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| | (a) | in paragraph (a), for “asset provided by means of C’s contribution” |
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| | substitute “plant or machinery”, |
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| | (b) | in paragraph (b), for “asset” substitute “plant or machinery”, and |
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| | (i) | for “asset” substitute “plant or machinery”, and |
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| | (ii) | after “times” insert “plant or machinery”. |
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| | (4) | The amendments made by this section have effect in relation to expenditure |
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| | pooled, and to claims made, on or after 29 May 2013 (“the commencement |
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| | (5) | In relation to such expenditure and claims, when determining for the purposes of |
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| | section 536(3)(a) of CAA 2001 whether an allowance can be made under Chapter |
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| | 2 of Part 11 of that Act, the amendments made by this section are to be treated as |
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| | always having had effect. |
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| | (6) | Nothing in this section applies to a claim by a person for a contribution allowance |
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| | under Part 2 of CAA 2001 in respect of a contribution made before the |
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| | (7) | Subsection (8) applies if— |
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| | (a) | expenditure which a person has been regarded as having incurred |
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| | (despite section 532(1) of CAA 2001) by virtue of section 536(1) has |
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| | been pooled by virtue of section 53— |
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| | (i) | on or after 1 January 2013 but before the commencement date, or |
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| | (ii) | before 1 January 2013 in circumstances where no claim was |
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| | made in respect of the expenditure before that date, and |
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| | (b) | had the amendments made by this section had effect at the time the |
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| | expenditure was incurred, that person would not have been regarded as |
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| | having incurred that expenditure (“the relevant expenditure”). |
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| | (8) | Part 2 of CAA 2001 has effect as if an event had occurred as a result of which the |
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| | person is required to bring into account as a disposal receipt under that Part, for |
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| | the chargeable period in which the commencement date falls, a disposal value of |
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| | (9) | For the purposes of subsection (8)— |
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| | E is the amount of the relevant expenditure, and |
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| | A is the total amount of writing-down allowances made in respect of the |
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| | (10) | For the purpose of calculating A, the total amount of writing-down allowances |
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| | made in respect of expenditure on an item of plant or machinery is to be |
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| | determined as if that item were the only item of plant or machinery in relation to |
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| | which Chapter 5 of Part 2 of CAA 2001 had effect. |
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| | (11) | The event mentioned in subsection (8) is not to be regarded as a disposal event |
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| | for the purposes of section 60(3) of CAA 2001.’. |
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| | Abolition of retrospective application of section 58(4) of the Finance Act 2008 |
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| To move the following Clause:— |
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| | ‘(1) | Section 58 of the Finance Act 2008 (UK residents and foreign partnerships) is |
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| | (2) | In subsection (4), delete “always having had effect” and insert “having effect |
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| | Stamp duty and stamp duty reserve tax: unit trusts |
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| To move the following Clause:— |
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| | ‘(1) | The Chancellor shall, within six months of Royal Assent, publish and lay before |
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| | the House of Commons a report detailing the distributional impact of any changes |
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| | to or abolition of Schedule 19 to the Finance Act 1999. |
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| | (2) | No amendment may be made to Schedule 19 to the Finance Act 1999 within two |
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| | years of Royal Assent, unless the report set out in subsection (1) has been |
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| | published and laid before the House of Commons.’. |
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