Amendments proposed to the Finance Bill - continued | House of Commons |
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Mr Mark Hoban 50 Schedule 18, page 242, line 42, leave out 'income and'.
Mr Mark Hoban 51 Schedule 18, page 243, line 3, leave out 'income and'.
Mr Michael Howard 18 Schedule 19, page 246, line 19, at end insert
Mr Michael Howard 85 *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 metthe car concerned falls within subsection (1) of section 45D".'.
Mr Michael Howard 19 Clause 59, page 39, line 31, at end insert 'or
Mr Michael Howard 20 Schedule 20, page 249, line 29, at end insert
Mr Michael Howard 17 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 93 *Clause 102, page 80, line 15, at end insert 'or the assets of a business carried on by him'.
Mr Michael Howard 55 Clause 95, page 70, line 40, leave out 'of royalty'.
Mr Michael Howard 56 Clause 95, page 70, line 41, after 'section 349(1)', insert 'or (2)'.
Mr Michael Howard 57 Clause 95, page 71, line 4, after 'section 349(1)', insert 'or (2)'.
Mr Michael Howard 58 Clause 95, page 71, line 17, leave out from 'made;' to end of line 24.
Mr Michael Howard 59 Clause 95, page 71, line 42, after 'section 349(1)' insert 'or (2)'.
Mr Michael Howard 60 Clause 95, page 72, line 2, after 'section 349(1)', insert 'or, as the case may be, section 349(2)'.
Mr Michael Howard 90 *Clause 96, page 72, line 17, leave out 'and'.
Mr Michael Howard 91 *Clause 96, page 72, line 18, at end insert '; and
Mr Michael Howard 89 *Clause 96, page 72, line 23, leave out 'in the United Kingdom'.
Mr Michael Howard 92 *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 81 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 86 *Clause 98, page 75, line 3, after 'release', insert 'or constitutes long-form drama'.
Mr Michael Howard 87 *Clause 98, page 75, line 19, at end insert
Mr Michael Howard 88 *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 CLAUSESTax relief for expenditure on vaccine research etc (No. 2)
Mr Michael Howard 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
(4) This section has effect from 1st April 2002.'.
Gifts of medical supplies and equipment (No. 2)
Mr Michael Howard 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:
(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 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.'.
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