Vote Bundle Text (930520-07)

Amendments proposed to the Finance Bill - continued	House of Commons

back to previous text

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

189

*Schedule 4, page 160, line 24, at end insert—

'(ab)

in relation to the assignment of a lease, a premium moving from the assignor to the assignee,".'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

190

*Clause 58, page 38, line 12, leave out 'that has a market value in excess of the market value of the old dwelling'.

Adam Price
Mr Elfyn Llwyd
Mr Simon Thomas
Hywel Williams

Clause 61, page 42, line 26, at end insert 'National Park Authorities'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

192

*Schedule 7, page 169, line 44, at end insert 'other than arrangements for an event falling within one of the cases set out in paragraph 4 below'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

191

*Schedule 7, page 170, line 28, leave out from 'transaction' to end of line 30.

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Schedule 8, page 179, line 41, leave out from beginning to end of line 4 on page 180.

Adam Price
Mr Elfyn Llwyd
Mr Simon Thomas
Hywel Williams

119

Clause 69, page 47, line 41, at end add—

'(f)	The national Museums and Galleries of Wales.'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

193

*Clause 90, page 58, line 26, leave out '18 months' and insert '6 months'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

184

*Schedule 13, page 215, line 38, leave out sub-paragraph (2).

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

185

*Schedule 13, page 219, line 34, leave out sub-paragraph (2).

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Schedule 15, page 231, line 1, leave out from beginning to end of line 4.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

186

*Schedule 16, page 235, line 7, leave out 'and any person who subsequently becomes a trustee.'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 125, page 74, line 31, at end add 'or transactions excluded from stamp duty land tax by Part 3 of Schedule 15 to this Act'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 125, page 74, line 34, at end add 'or which is the subject of a transaction excluded from stamp duty land tax by Part 3 of Schedule 15 to this Act'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 125, page 75, line 11, leave out from 'instruments' to end of line 13 and insert—

'if they are executed on or after the implementation date for the purpose of stamp duty land tax (see Schedule 19 to this Act,'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Schedule 20, page 244, line 4, at end add—

'Clearance procedure

2A(1) The following provisions shall have effect where in pursuance of this Part of this Schedule a person furnishes to the Inland Revenue particulars of things done or to be done by him (either alone or together with others) to seek confirmation of a just and reasonable apportionment of any consideration, that is to say—

(a)

if the Inland Revenue are of the opinion that the particulars, or any further information furnished in pursuance of this paragraph, are not sufficient for the purposes of Part 1 of this Schedule, they shall within 30 days of the receipt thereof notify to that person what further information they require for those purposes, and unless that further information is furnished to the Inland Revenue within 30 days from the notification, or such further time as the Inland Revenue may allow, they shall not be required to proceed further under this section;

(b)

subject to sub-paragraph (1)(a) above, the Inland Revenue shall within 30 days of the receipt of the particulars, or, where that sub-paragraph has effect, of all further information required, notify that person whether or not they are satisfied that the apportionment proposed is just and reasonable;

and, subject to the following provisions of this paragraph, if the Inland Revenue notify him that they are so satsified, the apportionment proposed shall be deemed to have been done on a just and reasonable basis.

(2) If the particulars, and any further information given under this paragraph with respect to any transaction or transactions, are not such as to make full and accurate dislosure of all facts and considerations relating thereto which are material to be known to the Inland Revenue, any clearance given by them under this paragraph shall be void.

(3) In no event shall the giving of a clearance under this paragraph with respect to any transaction or transactions prevent this paragraph applying to a person in respect of transactions which include that transaction or all or some of those transactions and also include another transaction or other transactions.'.

Mr Michael Howard
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Schedule 20, page 244, leave out lines 27 to 36.

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 126, page 75, line 22, leave out subsection (2).

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 126, page 75, line 34, leave out lines 34 to 36 and insert 'reacquired by a group company by a transfer which was—

(i)	at a just and reasonable value under a duly stamped instrument on which ad valorem duty was paid and not subject to a claim for group relief; or

(ii)	at a just and reasonable value under a chargeable transaction in respect of which stamp duty land tax was paid and not subject to a claim for relief under Part 1 of Schedule 7 to the Finance Act 2003; or

(ii)	exempt from duty or exempt from stamp duty land tax.'.

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 126, page 76, line 16, leave out lines 16 to 18 and insert 'reacquired by a group company by a transfer which was—

(i)	at a just and reasonable value under a duly stamped instrument on which ad valorem duty was paid and not subject to a claim for group relief; or

(ii)	at a just and reasonable value under a chargeable transaction in respect of which stamp duty land tax was paid and not subject to a claim for relief under Part 1 of Schedule 7 to the Finance Act 2003; or

(iii)

except from duty or exempt from stamp duty land tax.'.

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 126, page 76, line 30, leave out '14th April 2003' and insert 'the day on which this Act is passed'.

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 126, page 76, line 32, leave out '9th April 2003' and insert '14th April 2003'.

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 126, page 76, line 32, leave out '9th April 2003' and insert 'the day on which this Act is passed'.

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 126, page 76, line 39, leave out subsection (11).

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 127, page 76, line 43, leave out subsection (2).

Mr Michael Howard [R]
Mr Howard Flight [R]
Mr Stephen O'Brien
Mr Mark Prisk
Mr David Wilshire

Clause 127, page 77, line 8, leave out lines 8 to 10 and insert 'reacquired by a group company by a transfer which was—

(i)	at a just and reasonable value under a duly stamped instrument on which ad valorem duty was paid and not subject to a claim for section 76 relief; or

(ii)	at a just and reasonable value under a chargeable transaction in respect of which stamp duty land tax was paid and not subject to a claim for relief under Part 1 of Schedule 7 to the Finance Act 2003; or

(iii)

exempt from duty or exempt from stamp duty land tax.'.