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(1) Schedule 6 to the Income and Corporation Taxes Act 1988 shall be amended as follows.
(2) In paragraph 2(1)--
(a) for "in the year concerned" substitute "in a year", and
(b) for "the amount ascertained under paragraph 1 above, reduced by two thirds" substitute "15 per cent. of the price of the car as regards the year".
(3) In paragraph 2(2)--
(a) for "in the year concerned" substitute "in a year", and
(b) for "the amount ascertained under paragraph 1 above, reduced by one third" substitute "25 per cent. of the price of the car as regards the year".
(4) For paragraph 4(a) substitute--
"(a) paragraph 2(1) above shall have effect as if for '15 per cent.' there were substituted '25 per cent.'"
(5) In paragraph 5, for "one third" substitute "one quarter".
(6) The preceding paragraphs have effect for the year 1999-00 and subsequent years of assessment.
(7) This Resolution shall not require any change to be made in the amounts deductible or repayable under section 203 of the Income and Corporation Taxes Act 1988 before 18th May 1999.
And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968. The House divided: Ayes 372, Noes 137.

15 Mar 1999 : Column 839

Mr. Deputy Speaker (Mr. Michael J. Martin): I understand that it will be convenient for the House to take motions 26 to 42 together.

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