Vote Bundle Text (920521-03)

Amendments proposed to the Finance Bill - continued	House of Commons

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Mr Mark Hoban

Schedule 18, page 242, line 42, leave out 'income and'.

Mr Mark Hoban

Schedule 18, page 243, line 3, leave out 'income and'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Schedule 19, page 246, line 19, at end insert—

'(ia)

is a car adapted to run on road fuel gas (with an applicable CO2 emissions figure not exceeding 240 grams per kilometre driven), or.'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

*Schedule 19, page 248, line 25, at end add—

'7 In section 82 (qualifying hire cars), in subsection (1), in paragraph (b) substitute "(3) or (4)" with "(3), (4) or (4A)."

8 In section 82 after subsection (4) insert "(4A) The fourth case is where the following condition is met—the car concerned falls within subsection (1) of section 45D".'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Clause 59, page 39, line 31, at end insert 'or

(aa)	it is a car adapted to run on road fuel gas (with an applicable CO2 emissions figure not exceeding 240 grams per kilometre driven) or.'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Schedule 20, page 249, line 29, at end insert—

'"natural gas" shall include "road fuel gas";

"road fuel gas" has the same meaning as in section 168AB of the Income and Corporation Taxes Act 1988.'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Clause 61, page 40, leave out lines 14 and 15 and insert—

'(5) General exclusion 6 shall not apply to expenditure incurred on or after 17th April 2002.'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

*Clause 102, page 80, line 15, at end insert 'or the assets of a business carried on by him'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Clause 95, page 70, line 40, leave out 'of royalty'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Clause 95, page 70, line 41, after 'section 349(1)', insert 'or (2)'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Clause 95, page 71, line 4, after 'section 349(1)', insert 'or (2)'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Clause 95, page 71, line 17, leave out from 'made;' to end of line 24.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Clause 95, page 71, line 42, after 'section 349(1)' insert 'or (2)'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

Clause 95, page 72, line 2, after 'section 349(1)', insert 'or, as the case may be, section 349(2)'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

*Clause 96, page 72, line 17, leave out 'and'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

*Clause 96, page 72, line 18, at end insert '; and

(f)	a qualifying work of art'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

*Clause 96, page 72, line 23, leave out 'in the United Kingdom'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

*Clause 96, page 72, line 32, at end insert—

'(9D) In this section "qualifying work of art" shall mean any object or group of objects designated by the Secretary of State, either specifically or as a class, and the provisions of section 31(1)(a), (aa), and (e) of the Inheritance Tax Act 1984 shall apply for the purposes of determining the category of class of object to be so specified as they apply for the purposes of that Act.'.

Mr Michael Jack

Clause 96, page 72, line 37, at end insert—

'(4A) Section 25 of the Finance Act 1990 and section 339 of the Taxes Act 1988 are amended as follows.

(4C) At the end of subsection (3E) of section 339 of the Taxes Act 1988 insert ", but this subsection shall not apply where, had such property been transferred to the charity by way of gift, relief would have been allowed under section 587B of the Taxes Act 1988.".'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

*Clause 98, page 75, line 3, after 'release', insert 'or constitutes long-form drama'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

*Clause 98, page 75, line 19, at end insert—

'(d)	"long-form drama" means a production of a duration of 60 minutes or more in total, shot to cinematic standards, of single or short episodic type with a budget in excess of £600,000 per hour.'.

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

*Clause 98, page 75, leave out lines 30 and 31 and insert 'unless before 17th April 2002 expenditure has been incurred on a film or a binding commitment to incur expenditure on a film has been entered into, in either case or in aggregate representing more than 20 per cent. of the budgeted cost of the film.'.

NEW CLAUSES

Tax relief for expenditure on vaccine research etc (No. 2)

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

NC1

To move the following Clause:—

'.—(1) Grants of up to £15m per annum may be awarded by order of the Secretary of State for qualifying research and development.

(2) For the purposes of subsection (1), qualifying research and development means research and development relating to vaccines or medicines for use in humans—

(a)	for the prevention or treatment of tuberculosis,

(b)	for the prevention or treatment of malaria,

(c)	for the prevention of infection by human immunodeficiency virus, or

(d)	for the prevention of the onset, or the treatment, of acquired immune deficiency syndrome resulting from infection by human immunodeficiency virus in the prescribed clades only

(3) For the purposes of subsection (2) "prescribed clade" means clade A, C, D or E or such other class as the Secretary of State may by regulations prescribe.

(4) This section has effect from 1st April 2002.'.

Gifts of medical supplies and equipment (No. 2)

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

NC2

To move the following Clause:—

'.—(1) Where on or after 1st April 2002 any person ("the donor") makes a gift of relevant goods from trading stock for a relevant purpose then:

(a)	no amount shall be required to be brought into account as a trading receipt or gain in consequence of the making or receiving of the gift; and

(b)	the costs of making and delivering the gift shall be deducted as an expense of the trade of the donor in computing the profits of that trade.

(2) Where the donor or any person connected with him receives any benefit in money or money's worth attributable to the making of that gift, then for the accounting period in which the benefit is received the donor shall be deemed to be in receipt of income chargeable to tax under Case VI of Schedule D on an amount equal to the higher of—

(a)	any relief claimed pursuant to subsection (1), and

(b)	the amount of the benefit in question.

(3) The Secretary of State may by order prescribe relevant purposes and relevant goods to have effect for the purposes of this section, either generally or in respect of a given time or situation.

(4) Section 839 of the Taxes Act 1988 (connected persons) applies for the purposes of subsection (2).'.

Community amateur sports clubs to be treated as charities

Mr Michael Howard
Mr John Bercow
Mr Howard Flight
Mr Christopher Chope
Mr Peter Luff

NC3

To move the following Clause:—

'.—(1) The promotion of sport, provision or sports facilities, physical education or healthy recreation by a registered community amateur sports club shall be treated as having a charitable purpose for the purposes of the Taxes Acts with effect from 17th April 2002.

(2) Paragraphs 1, 2, 3, 11, 12, 13, 14 and 15 of Schedule 18 shall have effect from 17th April 2002.'.