Amendments proposed to the Note - continued | House of Commons |
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Dawn Primarolo 116 *Schedule 8, page 245, line 39 [Vol I], at end insert'This sub-paragraph is subject to sub-paragraphs (5) and (6).'.
Dawn Primarolo 117 *Schedule 8, page 246, line 6 [Vol I], leave out from beginning to first 'the' in line 8 and insert
Dawn Primarolo 118 *Schedule 8, page 246, line 13 [Vol I], at end insert
(a) there is a transfer of plant or machinery,
(b) immediately before the transfer, the lessor is within the charge to tax, and
(c) the transfer is in circumstances such that, if the amendments made by this Schedule did apply in relation to the lease, section 70W(4)(b) of CAA 2001 (transfers, assignments etc by lessor) would have effect in relation to the new lessor to treat the new lease as a lease which is not a long funding lease, the amendments made by this Schedule do not have effect in relation to the new lease in the case of the new lessor. In this sub-paragraph "the new lease" means the lease that would be the new lease for the purposes of section 70W of CAA 2001, if that section applied; "the new lessor" means the person who would be the new lessor for the purposes of that section, if that section applied; and section 70W(7) of CAA 2001 (construction of references to transfer of plant or machinery) also has effect for the purposes of this sub-paragraph.
(a) there is a transfer of plant or machinery,
(b) immediately before the transfer, the lessee is within the charge to tax, and
(c) the transfer is in circumstances such that, if the amendments made by this Schedule did apply in relation to the lease, section 70X(4)(b) of CAA 2001 (transfers, assignments etc by lessee) would have effect in relation to the new lessee to treat the new lease as a lease which is not a long funding lease, the amendments made by this Schedule do not have effect in relation to the new lease in the case of the new lessee. In this sub-paragraph "the new lease" means the lease that would be the new lease for the purposes of section 70X of CAA 2001, if that section applied; "the new lessee" means the person who would be the new lessee for the purposes of that section, if that section applied. and section 70X(7) of CAA 2001 (construction of references to transfer of plant or machinery) also has effect for the purposes of this sub-paragraph.
Dawn Primarolo 119 *Schedule 9, page 261, line 3 [Vol I], after 'treated' insert 'by that person'.
Dawn Primarolo 96 Clause 84, page 79, line 18 [Vol I], leave out from first 'the' to 'all' in line 19 and insert 'lessor remains entitled immediately after the disposal to some or'.
Dawn Primarolo 97 Clause 84, page 79, line 37 [Vol I], leave out from second 'the' to end of line 38 and insert 'lessor remains entitled immediately after the disposal'.
Mrs Theresa Villiers 120 *Schedule 21, page 140, line 25 [Vol 2], leave out from beginning to end of line 24 on page 142.
Mrs Theresa Villiers 121 *Schedule 21, page 141, line 12 [Vol 2], leave out '50' insert '10'.
Mrs Theresa Villiers 122 *Schedule 21, page 142, line 33 [Vol 2], leave out 'residential property' and insert 'property that is normally used or adapted for use as one or more dwellings'.
Mrs Theresa Villiers 123 *Schedule 21, page 142, line 34 [Vol 2], leave out from 'is' to end of line 34 and add 'any personal chattels other than choses in action (or in Scotland any moveable property other than incorporeal moveable action).'.
Mrs Theresa Villiers 124 *Schedule 21, page 142, line 36 [Vol 2], leave out paragraph 7.
Mrs Theresa Villiers 125 *Schedule 21, page 143, line 11 [Vol 2], at end insert 'but subject to paragraph 8(2)'.
Mrs Theresa Villiers 126 *Schedule 21, page 143, line 21 [Vol 2], after '(2)', insert 'Except where a member or related person as defined in section 4 is resident,'.
Mrs Theresa Villiers 127 *Schedule 21, page 145, line 14 [Vol 2], leave out 'any' and insert 'the'.
Mrs Theresa Villiers 128 *Schedule 21, page 145 [Vol 2], leave out lines 18 to 22.
Mrs Theresa Villiers 129 *Schedule 21, page 152, line 8 [Vol 2], leave out '10% or more' and insert 'more than 10%'.
Mrs Theresa Villiers 130 *Schedule 21, page 152, line 10 [Vol 2], leave out '10% or more' and insert 'more than 10%'.
Mrs Theresa Villiers 131 *Schedule 21, page 154 [Vol 2], leave out line 36.
Mrs Theresa Villiers 132 *Schedule 21, page 159, line 32 [Vol 2], leave out from 'after' to end of line 35 and insert
NEW CLAUSESReview of tobacco products duty
Mrs Theresa Villiers NC1 To move the following Clause:'The Chancellor of the Exchequer will publish a review in relation to the effectiveness of tobacco products duty before 1st March 2007 and will consult with organisations which have a special interest in tobacco products duty before publishing that review.'.
Review of hydrocarbon oil duties
Mrs Theresa Villiers NC2 To move the following Clause:'The Chancellor of the Exchequer will publish a review in relation to the effectiveness of hydrocarbon oil duties before 1st March 2007 and will consult with organisations which have a special interest in hydrocarbon oil duties before publishing that review.'.
Review of rates of gaming duty
Mrs Theresa Villiers NC3 To move the following Clause:'The Chancellor of the Exchequer will publish a review in relation to rates of gaming before 1st March 2007 and will consult with organisations which have a special interest in gaming before publishing that review.'.
Review of amusement machines
Mrs Theresa Villiers NC4 To move the following Clause:'The Chancellor of the Exchequer will publish a review in relation to classes of assessment machine and rates of duty before 1st March 2007 and will consult with organisations which have a special interest in gaming before publishing that review.'.
Cost of claims for R & D
Mrs Theresa Villiers NC5 To move the following Clause:'The Chancellor of the Exchequer will publish a review in relation to the cost of making claims for relief for research and development before 1st March 2007 and will consult with organisations which have a special interest in claims for relief for research and development.'.
Yield from fuel duty and VAT on fuel
Stewart Hosie NC6 To move the following Clause:'In the Hydrocarbon Oil Duties Act 1979 (c.5) section 6 (excise duty on hydrocarbon oil) there is inserted after subsection (1A) "(1B) In the Budget Statement for 2007 and annually thereafter the Chancellor of the Exchequer shall provide a forecast for oil prices and set out anticipated yield from fuel duty and VAT on fuel for the forecast price and for a range of prices up to 50 oer cent above his forecast. (1C) In his 2006 pre-budget report the Chancellor of the Exchequer shall bring forward a mechanism for using additional revenue from VAT on fuel above forecast to offset fuel duty when the oil price rises above his forecast level. (1D) Whenever international oil prices rise above the level estimated by the forecast made in accordance with subsection (1B) above, any automatic increase in indexed fuel duty shall be frozen until international oil prices return to the forecast level.".'.
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