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Notices of Amendments: 27 June 2014                     

385

 

Finance Bill, continued

 
 

(a)    

in section 236H—

 

(i)    

in subsection (4)(b), for the words from “at the time of the

 

disposal” to the end there were substituted “(see sections 236J

 

to 236L)”,

 

(ii)    

subsection (4)(c)(ii) (and the “and” before it) were omitted,

 

and

 

(iii)    

subsections (4A) and (7) were omitted,

 

(b)    

in section 236N—

 

(i)    

in subsection (A1), for “Conditions A and B are” there were

 

substituted “Condition A is”, and

 

(ii)    

subsection (1A) were omitted,

 

(c)    

section 236NA were omitted,

 

(d)    

in section 236O—

 

(i)    

in subsection (1) the words “, after the end of the tax year

 

following the tax year in which the acquisition occurs, when”

 

were omitted,

 

(ii)    

for subsection (2) there were substituted—

 

“(2)    

A “disqualifying event” occurs in relation to the

 

acquisition if and when—

 

(a)    

at any time after that tax year—

 

(i)    

C ceases to meet the trading

 

requirement, or

 

(ii)    

the settlement ceases to meet the

 

controlling interest requirement, or

 

(b)    

at any time after the acquisition—

 

(i)    

the settlement ceases to meet the all-

 

employee benefit requirement,

 

(ii)    

the participator fraction exceeds 2/5,

 

or

 

(iii)    

the trustees act in a way which the

 

trusts, as required by the all-

 

employee benefit requirement, do

 

not permit.”,

 

(iii)    

in subsection (3) for “before” there were substituted “after”,

 

(e)    

section 236P(7) were omitted, and

 

(f)    

section 236PA were omitted.”

 

Mr Chancellor of the Exchequer

 

65

 

Schedule  33,  page  575,  line  36,  leave out “day of the disposal mentioned in section

 

236H(1)” and insert “time in question”

 

Mr Chancellor of the Exchequer

 

66

 

Schedule  33,  page  582,  line  9,  leave out “date of the disposal mentioned in section

 

236H(1)” and insert “time in question”

 


 
 

Notices of Amendments: 27 June 2014                     

386

 

Finance Bill, continued

 
 

Order of the House [1 April 2014]

 

That the following provisions shall apply to the Finance (No. 2) Bill—

 

Committal

 

1.    

The following shall be committed to a Committee of the whole House—

 

(a)    

Clauses 1, 5 to 7, 11, 72 to 74 and 112;

 

(b)    

Schedule 1;

 

(c)    

any new Clauses, and any new Schedules, relating to—

 

    

          (i) tax relief in connection with the costs of childcare, or

 

    

            (ii) income tax allowances for parties to a marriage or civil

 

              partnership, or 

 

    

         (iii) air passenger duty, or

 

    

          (iv) the rate of the bank levy, or

 

    

             (v) the subject matter of Clause 1, or

 

    

          (vi) the subject matter of Clauses 5 to 7 and Schedule 1.

 

2.    

The remainder of the Bill shall be committed to a Public Bill Committee.

 

Proceedings in Committee

 

3.    

(1) Proceedings in Committee of the whole House shall be completed in two

 

     days.

 

(2) Those proceedings shall be taken on each of those days as shown in the

 

    first column of the following table and in the order so shown.

 

(3) Each part of the proceedings shall (so far as not previously concluded) be

 

     brought to a conclusion at the time specified in relation to it in the second

 

    column of the Table.

 

(4) Standing Order No. 83B (programming committees) shall not apply to

 

     proceedings in Committee of the whole House.

 

 

          TABLE

 

Proceedings

Time for conclusion of

 
  

proceedings

 
 

First Day

 
 

New Clauses and new Schedules relating

3.30pm on the first day

 
 

to the subject matter of Clauses 5 to 7 and

  
 

Schedule 1; Clauses 5 to 7; Schedule 1

  
 

New Clauses and new Schedules relating

5.30pm on the first day

 
 

  
 

New Clauses and new Schedules relating

7.30pm on the first day

 
 

to tax relief in connection with the costs of

  
 

  
 

Second Day

 
 

New Clauses and new Schedules relating

4.00pm on the second day

 
 

to income tax allowances for parties to a

  
 

marriage or civil partnership; Clause 11

  
 

New Clauses and new Schedules relating

6.00pm on the second day

 
 

  
 

New Clauses and new Schedules relating

8.00pm on the second day

 
 

  

 
 

Notices of Amendments: 27 June 2014                     

387

 

Finance Bill, continued

 
 

4.    

Proceedings in the Public Bill Committee shall (so far as not previously

 

concluded) be brought to a conclusion on Tuesday 17 June 2014.

 

5.    

The Public Bill Committee shall have leave to sit twice on the first day on

 

which it meets.

 

6.    

When the provisions of the Bill considered respectively by the Committee of

 

the whole House and by the Public Bill Committee have been reported to the

 

House, the Bill shall be proceeded with as if it had been reported as a whole

 

to the House from the Public Bill Committee.

 

Consideration and Third Reading

 

7.    

Proceedings on consideration and on Third Reading shall be completed in

 

two days.

 

8.    

Standing Order No. 83B (programming committees) shall not apply to

 

proceedings on Consideration and Third Reading.

 

 

Finance Bill (Programme) (No. 2)

 

Mr Chancellor of the Exchequer

 

That—

 

1.    

Proceedings on consideration shall be taken on the days shown in the

 

following Table and in the order so shown.

 

2.    

Each part of the proceedings shall (so far as not previously concluded) be

 

brought to a conclusion at the times specified in relation to it in the second

 

column of the Table.

 

TABLE

 

First day

 
 

Proceedings

Time for conclusion of proceedings

 
 

New Clauses and new Schedules

3.00 pm

 
 

relating to the subject matter of

  
 

Clause 1; amendments to Clause 1

  
 

New Clauses and new Schedules

4.30 pm

 
 

relating to stamp duty land tax;

  
 

amendments to Clauses 105 to 107

  
 

  
 

New Clauses and New Schedules

6.00 pm

 
 

relating to employee shareholder

  
 

shares

  
 

New Clauses and New Schedules

7.30 pm

 
 

relating to tax arrangements that are

  
 

abusive

  

 
 

Notices of Amendments: 27 June 2014                     

388

 

Finance Bill, continued

 
 

Second day

 
 

Proceedings

Time for conclusion of proceedings

 
 

New Clauses and new Schedules

2.00 pm

 
 

relating to pensions; amendments to

  
 

Clauses 39 to 43; amendments to

  
 

Schedules 4 and 5

  
 

New Clauses and new Schedules

4.00 pm

 
 

relating to the annual investment

  
 

allowance; amendments to Clause

  
 

10 and Schedule 2

  
 

Remaining new Clauses and new

6.00 pm

 
 

Schedules standing in the name of a

  
 

Minister of the Crown; amendments

  
 

standing in the name of a Minister

  
 

of the Crown; remaining

  
 

proceedings on Consideration

  
 

3.    

Proceedings on Third Reading shall (so far as not previously concluded) be

 

brought to a conclusion at 7.00pm on the second day.

 

 

NOTICES WITHDRAWN

 

The following Notices were withdrawn on 26 June 2014:

 

NC8.

 


 
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