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Session 2006-07
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Monday 30th April 2007

Committee of the whole House


Finance Bill


(Clauses 1, 3, 7, 8, 12, 20, 21, 25, 67 and 81 to 84, Schedules 1, 18, 22 and 23, and
New Clauses relating to Microgeneration)


Note

The amendments have been arranged in accordance with the order to be proposed by Mr Chancellor of the Exchequer.


Mr Chancellor of the Exchequer

       To move, That the order in which proceedings in the Committee of the whole House on the Finance Bill are taken shall be: Clauses 3, 1, 7 and 8; Schedule 1; Clauses 25 and 67; Schedule 18; Clauses 12 and 81 to 83; Schedule 22; Clause 84; Schedule 23; Clauses 20 and 21; and new Clauses relating to microgeneration.

       

Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

12

Clause 1, page 1, line 5, leave out from second ‘tax’ to ‘and’ in line 7 and insert ‘years 2007-08 and 2008-09, and for those tax years—

        (a) the basic rate is 20%’.

Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

10

Clause 1, page 1, line 6, leave out ‘10%’ and insert ‘0%’.

Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

11

Clause 1, page 1, line 7, leave out ‘22%’ and insert ‘20%’.


Mrs Theresa Villiers
Mr Mark Francois
Mr Mark Hoban
Mr Paul Goodman
Mr David Evennett

1

Clause 25, page 17, line 15, leave out from ‘Schedule’ to end and insert ‘shall come into force on a date which the Treasury shall by Order made by statutory instrument appoint.

      (3) No Order shall be made under subsection (2) unless the Treasury has compiled and laid before the House of Commons a report on the likely consequences of bringing into force the provisions contained in Schedule 3.

      (4) A report under subsection (3) shall in particular include the Treasury’s assessment of the implications for—

        (a) the overall level of tax revenues accruing to the Exchequer;

        (b) the cost impact and regulatory burden of the measure;

        (c) the United Kingdom labour market;

        (d) the competitiveness of the United Kingdom economy and the encouragement of enterprise.’.

Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

14

Clause 25, page 17, line 15, leave out from ‘Schedule’ to end and insert ‘shall come into force on 31st October 2007’.


Mr Chancellor of the Exchequer

6

Schedule 18, page 218, line 34, leave out ‘6th April’ and insert ‘1st August’.

Mr Chancellor of the Exchequer

7

Schedule 18, page 218, line 40, leave out ‘on or before 13th December 2006’ and insert ‘before the appropriate date’.

Mr Chancellor of the Exchequer

8

Schedule 18, page 219, line 3, at end insert—

    ‘(4A) In sub-paragraph (4)(d) “the appropriate date” means—

      (a) 13th April 2007 (in any case where, on the day of the making of the insurances in respect of which the policy of insurance was issued, the rights of the individual under the pension scheme included an actual or prospective entitlement to a pension), and

      (b) 14th December 2006 (in any other case).’.

Mr Chancellor of the Exchequer

9

Schedule 18, page 219, line 7, at end insert—

    ‘(5A) But where, on the day of the variation, the rights of the individual under the pension scheme included an actual or prospective entitlement to a pension, a relevant event does not occur by virtue of the variation if it was made in pursuance of a proposal made in writing (by whatever means) and received by or on behalf of the insurer before 13th April 2007.’.


Mr Christopher Chope
Mr David Curry
Mr Greg Knight
Mr David Wilshire
Julia Goldsworthy
Dr Vincent Cable

Philip Davies

3

Clause 12, page 8, line 22, leave out ‘1st February’ and insert ‘21st March’.

Mr Christopher Chope
Mr David Curry
Mr Greg Knight
Mr David Wilshire
Julia Goldsworthy
Dr Vincent Cable

Philip Davies

4

Clause 12, page 8, line 23, leave out subsection (5).

Mr Christopher Chope
Mr David Curry
Mr Greg Knight
Mr David Wilshire
Julia Goldsworthy
Dr Vincent Cable

Philip Davies

5

Clause 12, page 8, line 27, leave out subsection (6).

Julia Goldsworthy
Mr Colin Breed

13

Clause 12, page 8, line 29, at end add—

      ‘(7) This section shall come into force on a day which the Treasury may by Order appoint.

      (8) No order may be made under subsection (7) unless the Treasury has compiled and laid before the House of Commons a report containing an assessment of the impact of air passenger duty on the objective of reducing carbon emissions, and including an analysis of the comparative effectiveness in meeting that objective of the taxation of air passengers, on the one hand, and of aircraft according to their emissions levels, on the other.’.


Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

19

Clause 81, page 56, line 7, leave out ‘thinks’ and insert ‘has reasonable grounds for believing’.

Mrs Theresa Villiers
Mr Mark Francois
Mr Mark Hoban
Mr Paul Goodman
Mr David Evennett

2

Clause 81, page 56, line 47, at end insert—

      ‘(2B) Any power or function conferred by a provision of this Act shall, so far as it is exercisable by an officer of Her Majesty’s Revenue and Customs, only be exercised by an officer who has been duly authorised for that purpose by the Board of HMRC and who has been properly trained and supervised.

      (2C) For the purposes of subsection (2B), what constitutes “properly trained and supervised” shall be decided by the Board of HMRC with the approval of the responsible Minister.

      (2D) Subject to subsection (2E), the number of officers authorised under subsection (2B) shall not exceed 500 at any one time.

      (2E) The Treasury may by order amend the number of officers mentioned in subsection (2D).

      (2F) The annual report of HMRC shall include an analysis of the use made by officers of HMRC of the powers or functions conferred on them by this Act. The report shall cover the frequency of use of the relevant powers or functions and the circumstances in which they were invoked.

      (2G) The report mentioned in subsection (2F) shall also include an analysis of the use made by officers of HMRC of the equivalent powers and functions in Northern Ireland and Scotland.’.

Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

18

Clause 81, page 57, line 12, at end add—

      ‘(12) This section shall come into force on a day which the Treasury may by Order appoint.

      (13) No Order under subsection (12) may be made unless—

        (a) the Treasury has prepared and laid before the House of Commons a code of practice relating to the exercise of the powers conferred by this section, setting out in particular the circumstances in which the relevant powers of arrest are expected to be used; and

        (b) the code mentioned in sub-paragraph (a) has been approved by a resolution of the House of Commons.’.

Mrs Theresa Villiers
Mr Mark Francois
Mr Mark Hoban
Mr Paul Goodman
Mr David Evenett

20

Clause 81, page 57, line 12, at end add—

      ‘(12) Any power of arrest conferred by a provision of this Act as it amends section 114 of the Police and Criminal Evidence Act 1984 shall, so far as it is exercisable by an officer of Her Majesty’s Revenue and Customs, only be exercised by an officer or officers serving in the Criminal Investigation Directorate of HMRC.’.


Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

15

Clause 20, page 15, line 10, leave out sub-paragraph (b).


Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

16

Clause 21, page 15, line 29, leave out sub-paragraph (c).

Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

17

Clause 21, page 16, line 5, leave out sub-paragraph (c).


New Clause relating to microgeneration

Microgeneration etc.

Mrs Theresa Villiers
Mr Mark Francois
Mr Mark Hoban
Mr Paul Goodman
Mr David Evennett
Alan Simpson

NC1

    To move the following Clause:—

      ‘(1) The Chancellor of the Exchequer must, within one year of the passing of this Act and annually thereafter, prepare and publish a report on such fiscal measures he considers appropriate to assist with—

        (a) microgeneration;

        (b) energy efficiency; and

        (c) small scale local energy generation.

      (2) In preparing the report under subsection (1), the Chancellor of the Exchequer shall take reasonable steps to consult local authorities and such persons as in his opinion have an interest in—

        (a) enhancing the United Kingdom contribution to combating climate change; and

        (b) alleviating fuel poverty.

      (3) In this section—

      “microgeneration” has the same meaning as in section 82 of the Energy Act 2004;

      “small scale local energy generation” means generation of energy—

        (a) in the case of electricity, generation by plant not exceeding 20 megawatts, and

        (b) in the case of heat, production by plant not exceeding 100 megawatts thermal.’.

       As an Amendment to Mrs Theresa Villiers’ proposed New Clause (Microgeneration etc.) (NC1):—

Julia Goldsworthy
Dr Vincent Cable
Mr Colin Breed

(A)

Line 8, after ‘persons’ insert ‘including, in particular, Government Departments’.

ORDER OF THE HOUSE [23RD APRIL 2007]

       That—

        (1) Clauses Nos. 1, 3, 7, 8, 12, 20, 21, 25, 67 and 81 to 84, Schedules Nos 1, 18, 22 and 23, and new Clauses relating to microgeneration be committed to a Committee of the whole House;

        (2) the remainder of the Bill be committed to a Public Bill Committee; and

        (3) when the provisions of the Bill considered by the Committee of the whole House and the Public Bill Committee have been reported to the House, the Bill be proceeded with as if it had been reported as a whole to the House from the Public Bill Committee.


 
 
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Prepared: 30 April 2007