Amendments proposed to the Finance Bill - continued	House of Commons
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Mr Nick St. Aubyn

44

Clause     17,     page     7,     line     32,     leave out 'cease to have effect' and insert 'be replaced by the following:

    "(3) Where a body is primarily engaged as an auctioneer or dealer in works of art which fall within the definition of objects contained in Group 11 of Schedule 9 to this Act—

(a) the said body is not to be treated as carrying on a business (and accordingly any sale where the said body acts either as agent or as principal shall not be treated as a supply) and

(b) for the purposes of the 6th VAT Directive of the European Union dated 17 May 1977 (as amended) it is deemed that—

    (i) the said body is not a tenable person within the meaning of Article 2.1

    (ii) the transfer of ownership of any work of art where the said body acts as either agent or principal is not an economic activity within the scope of Article 4.1 and is not an exploitation in tangible property within the scope of Article 4.2

    (iii) the said body is recognised by the United Kingdom as a cultural body within the terms of Article 13 4.1(a) whose activities shall not be likely to cause distortions of competition such as to place at a disadvantage commercial entities liable to VAT.".'

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Mr David Heathcoat-Amory
Mr John Whittingdale
Mr Nick Gibb
Mr Oliver Heald

53

*Clause     19,     page     9,     line     8,     leave out subsection (7).

   

Mr Edward Davey
Mr Colin Breed
Mr John Burnett
Dr Vincent Cable

16

Clause     19,     page     9,     line     12,     leave out '20' and insert '10'.

   

Mr Michael Jack

61

*Clause     19,     page     10,     line     3,     after '(12)', insert 'Subject to subsection (12A) below,'.

   

Mr Michael Jack

55

*Clause     19,     page     10,     line     5,     at end add—

    '(12A) This section shall not come into effect unless the National Audit Office, within 3 months of Royal Assent being given to this Bill, has communicated to Parliament its opinion that this section represents good value for money to the taxpayer in respect of its ability to attract unemployed persons back to work.'.

   

Mr Michael Jack

56

*Page     8,     line     28,     leave out Clause 19.

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Mr Michael Jack

57

*Clause     20,     page     10,     leave out line 7.

   

Mr Edward Davey
Mr Colin Breed
Mr John Burnett
Dr Vincent Cable

17

Clause     20,     page     10,     line     7,     leave out '10' and insert '0'.

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Mr Michael Jack

58

*Clause     25,     page     12,     line     26,     at end insert '; and

(d) can show that it is not a company incorporated by an individual with the sole or main purpose of taking advantage of this section.'.

   

Mr David Heathcoat-Amory
Mr John Whittingdale
Mr Nick Gibb
Mr Oliver Heald

54

*Clause     25,     page     12,     line     33,     at end insert—

    '(4A) Section 30(5)(b) of the Finance (No. 2) Act 1997 shall cease to have effect.'.

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Mr Michael Jack

59

*Clause     27,     page     13,     line     18,     leave out 'calculated by reference to £4,160' and insert '£416'.

   

Mr Michael Jack

60

*Clause     27,     page     13,     line     24,     leave out '£2 for every £3' and insert '£1 for every £15'.

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NEW CLAUSE

Beer: charge of excise duty

   

Mrs Jacqui Lait
Mr Geoffrey Clifton-Brown

NC1

To move the following Clause:—

    '(1) In section 36(1) of the Alcoholic Liquor Duties Act 1979 (beer: charge of excise duty), for "£11.50" there shall be substituted "£2.99".

    (2) This section shall come into force on Royal Assent.'.

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Prepared 11 May 1999