Session 2017-19
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Other Bills before Parliament


 
 

1

 

House of Commons

 
 

Tuesday 4 December 2018

 

Public Bill Committee Proceedings

 

Finance (No. 3) Bill


 

(Except clauses 5, 6, 8 9 and 10; Clause 15 and Schedule 3; Clause 16 and Schedule 4; Clause


 

19; Clause 20; Clause 22 and Schedule 7; Clause 23 and Schedule 8; Clause 38 and Schedule


 

15; Clauses 39 and 40; Clauses 41 and 42; Clauses 46 and 47; Clauses 61 and 62 and Schedule


 

18; Clauses 68 to 78; Clause 83; Clause 89; Clause 90; any new Clauses or new Schedules


 

relating to tax thresholds or reliefs, the subject matter of any of clauses 68 to 78, 89 and 90,


 

gaming duty or remote gaming duty, or tax avoidance or evasion)


 

[Fifth and Sixth Sittings]


 

Glossary

 

This document shows the fate of each clause, schedule, amendment and new clause.

 

The following terms are used:

 

Agreed to: agreed without a vote.

 

Agreed to on division: agreed following a vote.

 

Negatived: rejected without a vote.

 

Negatived on division: rejected following a vote.

 

Not called: debated in a group of amendments, but not put to a decision.

 

Not moved: not debated or put to a decision.

 

Question proposed: debate underway but not concluded.

 

Withdrawn after debate: moved and debated but then withdrawn, so not put to a decision.

 

Not selected: not chosen for debate by the Chair.

 

 



 
 

Public Bill Committee Proceedings: 4 December 2018        

2

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Negatived on division  73

 

Clause  32,  page  19,  line  23,  at end insert—

 

“(6)    

The Chancellor of the Exchequer must review the likely effect of extending the

 

first-year allowances on energy-saving plant or machinery or environmentally

 

beneficial plant or machinery to 2030 and lay a report of that review before the

 

House of Commons within six months of the passing of this Act.”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  74

 

Clause  32,  page  19,  line  23,  at end insert—

 

“(6)    

The Chancellor of the Exchequer must review the likely cost of extending the

 

first-year allowances on energy-saving plant or machinery or environmentally

 

beneficial plant or machinery to 2022 and lay a report of that review before the

 

House of Commons within six months of the passing of this Act.”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Negatived on division  75

 

Clause  32,  page  19,  line  23,  at end insert—

 

“(6)    

The Chancellor of the Exchequer must review the effect of ending the first-year

 

allowances on energy-saving plant or machinery or environmentally beneficial

 

plant or machinery and lay a report of that review before the House of Commons

 

within one year of the passing of this Act.

 

(7)    

A review under subsection (b) must consider the effect on—

 

(a)    

the energy technology sector, and

 

(b)    

the water technology sector.”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  76

 

Clause  32,  page  19,  line  23,  at end insert—

 

“(6)    

The Chancellor of the Exchequer must review the effect of ending the first-year

 

allowances on energy-saving plant or machinery or environmentally beneficial

 

plant or machinery, on foreign direct investment in the energy technology and

 

water technology sectors and lay a report of that review before the House of

 

Commons within one year of the passing of this Act.”


 
 

Public Bill Committee Proceedings: 4 December 2018        

3

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  77

 

Clause  32,  page  19,  line  23,  at end insert—

 

“(6)    

The Chancellor of the Exchequer must review the effect of the provisions in this

 

section on the United Kingdom’s ability to comply with its third, fourth and fifth

 

carbon budgets and lay a report of that review before the House of Commons

 

within six months of the passing of this Act.”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  78

 

Clause  32,  page  19,  line  23,  at end insert—

 

“(6)    

The Chancellor of the Exchequer must lay before the House of Commons a report

 

on any consultation undertaken on the provisions in this section within two

 

months of the passing of this Act.”

 

Clause Agreed to.

 

Clause 33 Agreed to.

 


 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Negatived on division  79

 

Clause  34,  page  19,  line  38,  at end insert—

 

“(4)    

The Chancellor of the Exchequer must lay before the House of Commons a report

 

on any consultation undertaken on the provisions in this section within two

 

months of the passing of this Act.”

 

Clause Agreed to.

 

Clause 35 Agreed to.

 

Schedule 13 Agreed to.

 

Clause 36 Agreed to.

 



 
 

Public Bill Committee Proceedings: 4 December 2018        

4

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Negatived on division  84

 

Schedule  14,  page  260,  line  15,  leave out sub-paragraph (d)

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Negatived on division  81

 

Schedule  14,  page  261,  line  29,  at end insert—

 

“(aa)    

assessing the impact on employment, skills and the Exchequer from

 

the asset’s production life and planned decommissioning phase, and”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Negatived on division  89

 

Schedule  14,  page  261,  line  42,  at end insert—

 

“(d)    

includes an assessment of the impact on the Exchequer from the

 

amount spent on directly employed and contracted staff by the seller

 

over the production life of the asset to date; and the impact on the

 

Exchequer from the buyer’s plans for employed and contracted staff

 

up to and including the decommissioning stage.”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  85

 

Schedule  14,  page  268,  line  40,  at end insert—

 

“(aa)    

the amount spent by the purchaser in post-acquisition periods on new

 

capital investment, major maintenance work, retraining of redundant

 

staff, initiatives to reduce methane emissions or initiatives to introduce

 

carbon-capture techniques into the operations in relation to the

 

relevant TTH assets (“post-acquisition qualifying investment”)”


 
 

Public Bill Committee Proceedings: 4 December 2018        

5

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  86

 

Schedule  14,  page  269,  line  3,  at end insert—

 

“(c)    

the amount by which total post-acquisition qualifying investment

 

exceeded the higher of excess decommissioning expenditure and the

 

total TTH amount as calculated for the first activation period under

 

paragraph 35.”

 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  87

 

Schedule  14,  page  269,  line  40,  at end insert—

 

“(c)    

provided that the total activated TTH amount may never exceed the

 

purchaser’s post-acquisition qualifying investment for the relevant

 

TTH assets or TTH oil fields.”

 

Schedule Agreed to.

 

Clause 37 Agreed to.

 

Clause 43 Agreed to.

 

Clause 44 Agreed to.

 


 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Withdrawn after debate  95

 

Clause  45,  page  29,  line  19,  at end insert—

 

“(11)    

The Chancellor of the Exchequer must lay before the House of Commons a report

 

on any consultation undertaken on the provisions in this section.

 

(12)    

A report of the review under subsection (9) must be laid before the House of

 

Commons within two months of the passing of this Act.”

 

Clause Agreed to.

 



 
 

Public Bill Committee Proceedings: 4 December 2018        

6

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Not called  90

 

Clause  48,  page  32,  line  39,  at end insert—

 

“85B  

Review of possible register

 

(1)    

Within three months of the passing of the Finance Act 2019, the Chancellor of the

 

Exchequer shall review the viability of establishing a public register on the use of

 

the exemption from stamp duty established under section 85A.

 

(2)    

A report of the review under this section shall be laid before the House of

 

Commons as soon as practicable after its completion.”

 

Clause Agreed to.

 


 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Withdrawn after debate  91

 

Clause  49,  page  33,  line  2,  at end insert—

 

“(c)    

after subsection (4) insert—

 

“(5)    

Within three months of the passing of the Finance Act 2019, the

 

Chancellor of the Exchequer shall review the revenue effects

 

if—

 

(a)    

the provision of section 49(2) of that Act had not been

 

made, and

 

(b)    

the exemption under subsection (3) of this section did

 

not apply to a Schedule 2 SIP that was not approved

 

between the coming into force of the relevant provisions

 

of the Finance Act 2014 and the passing of the Finance

 

Act 2019.

 

(6)    

A report of the review under this subsection (5) section shall be

 

laid before the House of Commons as soon as practicable after

 

its completion.””

 

Clause Agreed to.

 



 
 

Public Bill Committee Proceedings: 4 December 2018        

7

 

Finance (No. 3) Bill, continued

 
 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Negatived on division  92

 

Clause  50,  page  33,  line  11,  at end insert—

 

“(9B)    

An order made under subsection (9) for the purposes of subsection (9A) must be

 

accompanied by a statement by the Treasury of the expected impact of that order

 

on—

 

(a)    

the number of traders who are expected to benefit from the reduction of

 

a burden, and

 

(b)    

the supply chain in respect of the description of goods or services.”

 

Clause Agreed to.

 

Clause 51 Agreed to.

 

Schedule 16 Agreed to.

 

Clause 52 Agreed to.

 


 

John McDonnell

 

Peter Dowd

 

Anneliese Dodds

 

Jonathan Reynolds

 

Clive Lewis

 

Jeff Smith

 

Negatived on division  93

 

Schedule  17,  page  305,  line  28,  at end insert—

 

“Part 3

 

Review

 

“16(1)  

The Chancellor of the Exchequer shall commission a review on the impact of

 

the provisions in this Schedule on the number of individuals and businesses

 

entering into VAT groups.

 

      (2)  

A report of the review under sub-paragraph (1) must be laid before the House

 

of Commons before 1 April 2020”.


 
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Revised 04 December 2018