Amendments proposed to the Transport Bill - continued House of Commons

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Mr Nick Raynsford

353

Schedule     7,     page     166,     line     27,     leave out from first 'the' to end of line 28 and insert 'transferor is entitled to relief for an amount under section 393(1) in respect of the part retained.'.

   

Mr Nick Raynsford

354

Schedule     7,     page     167,     line     27,     at end insert—

    '(5) This paragraph has effect subject to paragraphs 3, 3A and 15.'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

371

Schedule     7,     page     168,     line     10,     at end insert—

    '17A. Shares in the ordinary share capital (as defined in the Income and Corporation Taxes Act 1988) in any company which is a transferee under a transfer scheme, or in any company which is an associated company of such a company, shall be deemed to satisfy all the requirements of paragraphs 10 to 14 (inclusive) of Schedule 9 to the Income and Corporation Taxes Act 1988 and shall be deemed to be securities not subject to restrictions prohibited by Schedule 5 to the Finance Act 1989 for the purposes of any qualifying employee share ownership trust (as defined in that Schedule).'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

372

Schedule     7,     page     168,     line     10,     at end insert—

    '17B. Where any company (not being a company wholly owned by the Crown) holds shares or securities in any company which is a transferee under a transfer scheme, and operates employees' share schemes which have been approved by the Board of Inland Revenue for the purposes of Schedule 9 to the Income and Corporation Taxes Act 1988 or Schedule 5 to the Finance Act 1989 (in this paragraph and in paragraph 17C "the investor schemes") then, notwithstanding any other enactment, the employees of the transferee or any company which is an associated company of the transferee (in this paragraph and in paragraph 17C "the new employees"), shall be deemed to be eligible to participate in the investor schemes.

    17C. With effect from the later of the coming into force of this Act and the coming into force of the transfer scheme the rules and other governing instruments of the investor schemes shall be deemed to have been amended so as to make eligible for participation the new employees, and such participation shall be deemed lawful for the purposes of any other enactment.'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

373

Schedule     7,     page     168,     line     10,     at end insert—

      '17D. Any individual who acquires securities in a company which is a transferee under a transfer scheme shall be deemed, for the purposes of the Income and Corporation Taxes Act 1988 and the Finance Act 1988, as having acquired them otherwise than by reason of a right or opportunity available to him by reason of any employment with or any office which he holds with that company or an associated company of that company, or any company which holds shares in the transferee.'.


   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

374

Clause     64,     page     41,     line     3,     at beginning insert—

    'Subject to subsection (1A) below,'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

375

Clause     64,     page     41,     line     5,     at end insert—

    '(1A) Before giving directions under subsection (1), the Secretary of State shall publish a report setting out the principles of his airspace policy with particular regard to—

      (a) civil and military air space co-ordination,

      (b) questions of capacity,

      (c) any other relevant matters.'.


   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

376

Clause     66,     page     42,     line     17,     leave out 'CAA may' and insert 'Secretary of State shall make an order to'.

   

Dr Gavin Strang

366

Clause     66,     page     42,     line     23,     at end insert—

    '(1A) But the CAA may not apply charges in respect of classes of aircraft which were not subject to charges for air traffic services on 1st January 2000.'.


   

Mr Don Foster
Mr Michael Moore

107

Page     47,     line     13,     leave out Clause 75.


   

Mr Don Foster
Mr Michael Moore

108

Page     47,     line     20,     leave out Clause 76.


   

Mr Don Foster
Mr Michael Moore

109

Page     48,     line     11,     leave out Clause 77.


   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

377

Clause     81,     page     49,     line     38,     after 'may', insert—

      '( ) give such directions of a general character to any licence holder and the CAA as to the performance of their functions as he thinks appropriate to give in the interests of national security;'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

378

Clause     81,     page     51,     line     1,     leave out subsection (10).

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

379

Clause     81,     page     51,     line     13, at end insert—

    '(11A) Nothing arising from the European Communities Act 1972 as amended shall limit the powers of the Secretary of State to give directions under this section.'.


NEW CLAUSE RELATING TO PART I

The transferee company: provisions (No. 2)

   

Mr Don Foster
Mr Michael Moore

NC3

To move the following Clause:—

    '(1) The single company granted a licence authorising it to provide air traffic services in respect of a managed area shall be—

      (a) an independent publicly-owned company,

      (b) a company which offers bonds for sale to investors,

      (c) a company that shall have the following duties—

          (i) to provide at all times a safe and orderly air traffic control system within the managed area,

          (ii) to plan efficiency improvements,

          (iii) to give to operators and owners of aircraft, owners and managers of aerodromes, persons travelling in aircraft and persons with rights in property carried in them the benefit of planned efficiency improvements, which may take the form of lower prices and improved quality,

          (iv) to achieve a commercial rate of return for the Crown,

          (v) to draw up a rolling five-year strategic plan incorporating financial, pricing and service quality objectives,

          (vi) to submit, on behalf of the board of the company, to annual meetings of stakeholders, the five year plan set out in sub-paragraph (iv).

    (2) The annual meeting of the company shall have the duty to consider, and if the meeting thinks fit, to approve, the strategic plan, and to establish performance objectives and to monitor the performance of the company.

    (3) The Secretary of State shall appoint auditors who shall have the duty of reporting to the annual meeting of the company on management performance relative to the objectives set at previous meetings.'.


   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

11

Clause     92,     page     55,     line     4,     leave out 'must' and insert 'may'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

12

Clause     92,     page     55,     line     11,     at end insert—

    '( ) The policies mentioned in subsection (1) must include policies for improving safety for all road users and pedestrians.'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

13

Clause     92,     page     55,     line     12,     leave out 'must' and insert 'may'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

14

Clause     92,     page     55,     line     21,     leave out 'must' and insert 'may'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

15

Clause     92,     page     55,     line     23,     leave out 'must' and insert 'may'.


   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

16

Clause     93,     page     55,     line     28,     leave out 'must' and insert 'may'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

17

Clause     93,     page     56,     line     1,     leave out subsection (6).


   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

380

Clause     94,     page     56,     line     9,     leave out 'bus' and insert 'transport'.

   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

381

Clause     94,     page     56,     line     36,     at end insert—

    '(5A) Each local transport authority may prepare an equivalent document concerning—

      (a) walking strategy,

      (b) cycling strategy,

      (c) car strategy,

      (d) freight strategy.'.


   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

18

Clause     96,     page     57,     line     38,     leave out from 'meet' to end of line 40.


   

Mr Bernard Jenkin
Mr Robert Syms
Mr Peter Atkinson

19

Clause     104,     page     62,     line     5,     leave out 'exclusive'.

 
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Prepared 3 Feb 2000