| Amendments proposed to the Finance Bill - continued | House of Commons |
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Mr Michael Howard 197 *Schedule 29, page 433, line 18, leave out from 'acquisition' to end of line 19.
Mr Michael Howard 186 Clause 104, page 81, line 25, leave out Clause 104.
Mr Michael Howard 185 Clause 104, page 81, line 29, after 'assets', insert 'to a connected person'.
Mr Michael Howard 105 Schedule 32, page 453, line 3, after 'effect', insert 'in the corresponding underwriting year'.
Mr Michael Howard 106 Schedule 32, page 453, line 16, at end insert 'and for the purposes of section 172 above shall be treated as a payment made at the time the contract takes effect.'.
Mr Michael Howard 107 Schedule 32, page 454, line 5, after 'effect', insert 'in the accounting period'.
Mr Michael Howard 108 Schedule 32, page 454, line 22, after 'contract', insert 'at the time the contract takes effect'.
Mr Michael Howard 187 Clause 86, page 60, line 35, at end insert—'(1A) Section 539 (introductory) is amended as follows. (1B) In subsection (1) (scope of Chapter II of Part XIII of the Taxes Act 1988) after "policies of life insurance, contracts for life annuities and capital redemption policies", insert "but any gain falling to be treated as taxable income by virtue of this Chapter shall be disregarded from total income in applying section 257(5) (reduction in personal allowance for elderly taxpayers by reference to total income).".'.
Mr Michael Howard 188 Clause 93, page 70, line 9, leave out '1st October 2002' and insert 'the day on which this Act is passed.'.
Mr Michael Howard 189 Clause 94, page 70, line 35, leave out '1st October 2002' and insert 'the day on which this Act is passed.'.
Mr Michael Howard 55 Clause 95, page 70, line 40, leave out 'of a 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 190 Clause 95, page 71, line 24, at end insert ', or
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 191 Clause 95, page 72, line 11, leave out '1st October 2002' and insert 'the day on which this Act is passed.'.
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 98 Clause 96, page 72, line 23, leave out 'where' and insert 'whether or not'.
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 or 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 193 Clause 97, page 74, leave out lines 27 to 32 and insert—'(2) Any such election must be made by notice in writing to an officer of the Inland Revenue on or before the 31st January next following the end of the year of assessment to which the claim made by the donor relates.'.
Mr Michael Howard 192 Clause 97, page 74, line 27, at end add 'or in any of the next succeeding six years of assessment.'.
Mr Michael Howard 194 Clause 97, page 74, line 34, leave out 'previous year' and insert 'year to which the election relates'.
Mr Michael Howard 195 Clause 97, page 74, line 39, leave out 'previous year of assessment' and insert 'year of assessment to which the election relates'.
Mr Michael Howard 196 Clause 97, page 74, line 45, leave out '6th April 2002' and insert 'the day on which this Act is passed.'.
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.'.
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