Amendments proposed to the Finance Bill - continued | House of Commons |
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Mr Michael Howard 210 Schedule 29, page 354, line 16, at end insert'(3A) Where any outstanding section 87/89 gains of a settlement are brought into the settlement's Schedule 4C pool by virtue of any provision of this Schedule, they shall thereafter no longer be available for attribution to beneficiaries of that settlement under sections 87(4) or 89(2), nor shall they thereafter be outstanding trust gains of that settlement within the meaning of section 90(2) or (3) on any subsequent occasion to which section 90 might otherwise apply.'.
Mr Michael Howard 212 Schedule 29, page 355, line 12, after 'the', insert 'available'.
Mr Michael Howard 211 Schedule 29, page 356, line 34, at end insert'(4) Where in any year gains are attributed under section 87(4) or section 89(2) to beneficiaries who are chargeable to tax within the meaning of paragraph 8(4), the amount so attributed shall in future years thereafter no longer form part of the Schedule 4C pool of any settlement which is a relevant settlement in relation to that pool.'.
Mr Michael Howard 290 Clause 175, page 111, line 18, at end insert'(1A) The provisions of Schedule 36 have effect in relation to adult placement carers with the modifications specified in subsections (1B) to (1G) below. (1B) References to the "provision of foster care" are to the provision of services under a placement agreement as an adult placement carer. (1C) The expressions "placement agreement" and "adult placement carer" have the meanings given to them by subsection (1H) and (1J) below, and paragraph 4 does not apply. (1D) References to a "foster care arrangement" are to arrangements by which an individual provides services under a placement agreement as an adult placement carer otherwise than as part of a trade, profession or vocation carried on by that individual. (1E) References to "foster care receipts" and "total foster care receipts" are to receipts in respect of the provision of services under a placement agreement as an adult placement carer. (1F) References to a child are to a service user under a placement agreement. (1G) The weekly amount for a service user for the purposes of ascertaining the individual's limit is £270, and paragraph 8(2) does not apply. (1H) A "placement agreement" is an agreement between a service user, an adult placement carer and the local authority or other agency that manages an adult placement scheme (see subsection (1K)), which makes provision for the terms under which the service user is to be accommodated, cared for or supported by the adult placement carer under the adult placement scheme. (1J) An "adult placement carer" is a person approved by an adult placement scheme (see subsection (1K)) who provides short or long term accommodation, care or support in their home to vulnerable adults placed with them through and supported by the adult placement scheme. (1K) An "adult placement scheme" is a scheme managed by a local authority or independent (profit or non-profit making) agency, and working to government guidelines and standards in England and Wales, Scotland and Northern Ireland, which is responsible:
Mr Michael Howard 203 Schedule 36, page 408, line 23, at end insert'(7) The Treasury may by order substitute, for the fixed amount in sub-paragraph (1), a higher figure in relation to a residence in a high-cost area designated by them for the purposes of this paragraph.'.
Mr Michael Howard 295 Schedule 41, page 428, line 21, at end insert'(7ZB) For the purposes of this section an Administrator (who is the proper officer of a company) may elect that sub-sections (3) (da) and (7ZA) do not apply. (7ZC) An election under subsection (7ZB) must be made
Mr Michael Howard 296 Schedule 41, page 428, line 23, leave out '(7ZA)' and insert '(7ZD)'.
Mr Michael Howard 207 Clause 194, page 126, line 16, leave out 'any of subsections (1) to' and insert 'the definition of "the Mutual Assistance Directive" in subsection'.
Mr Michael Howard 200 Clause 196, page 127, line 7, after 'made', insert 'after consultation and agreement'.
Mr Michael Howard 288 Clause 196, page 127, line 41, after 'for', insert 'the immediate benefit of'.
Mr Michael Howard 289 Clause 196, page 127, line 43, at end insert ', being a description in respect of which the Community obligation or arrangements referred to in subsection (1) above apply.'.
Mr Michael Howard 284 Clause 207, page 138, line 13, leave out subsection (3) and insert'(3) For subsection (3) substitute
Mr Michael Howard 282 Clause 208, page 138, line 24, at end insert 'such determination to be made in accordance with generally accepted accounting practice.'.
Mr Michael Howard 283 Clause 209, page 138, line 31, leave out 'as the Treasury consider appropriate' and insert 'as conforms with generally accepted accounting practice.'.
NEW CLAUSESTax credits for individual savings accounts and personal equity plans
Mr Michael Howard [R] NC1 To move the following Clause:'.Section 76(1)(a) of the Finance Act 1998 (c. 36) shall cease to have effect.'.
Top rate of income tax
Adam Price NC2 To move the following Clause:'A top rate of income tax (on earnings over £50,000) shall be charged for the year 2003-04, and for that year the top rate shall be charged at 50%.'.
Debits and credits treated as relating to capital expenditure
Mr Michael Howard NC3 To move the following Clause'.(1) Paragraph 14 of Schedule 9 to the Finance Act 1996 (debits and credits treated as relating to capital expenditure) is amended as follows: (2) After sub-paragraph (1) insert
Transfers between settlements
Mr Michael Howard NC4 To move the following Clause:'. Section 90 of the Taxation of Chargeable Gains Act 1992 (transfers between settlements) is amended with effect from 9th April 2003, by deleting sub-paragraph 90(5).'.
ORDER OF THE HOUSE [6th MAY 2003]That the following provisions shall apply to the Finance Bill:
Committal 1.(1) Clauses 1, 4, 5, 9, 14, 22, 42, 56, 57, 124, 130 to 135, 138, 139, 148 and 184 and Schedules 5, 6, 19, 21, 22 and 25, and any new Clauses and Schedules tabled by Friday 9th May 2003 relating to excise duty on spirits or R&D tax credits for oil exploration, shall be committed to a Committee of the whole House.(2) The remainder of the Bill shall be committed to a Standing Committee. 2. Proceedings in Committee of the whole House shall be completed in two days. 3.(1) Proceedings in the Standing Committee shall (so far as not previously concluded) be brought to a conclusion on 12th June 2003. (2) The Standing Committee shall have leave to sit twice on the first day on which it meets. 4. When the provisions of the Bill considered, respectively, by the Committee of the whole House and by the Standing Committee have been reported to the House, the Bill shall be proceeded with as if it had been reported as a whole to the House from the Standing Committee.
Other proceedings 5. Any other proceedings on the Bill may be programmed.
ORDER OF THE HOUSE [8th MAY 2003]That the programme order of 6th May 2003 shall be amended by the substitution in paragraph 1(1) (provisions committed to Committee of the whole House) of the words 'Schedules Nos. 5, 6, 19 and 25' for the words 'Schedules Nos. 5, 6, 19, 21, 22 and 25'.
ORDER OF THE COMMITTEE [15th MAY 2003], AS AMENDEDThat
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