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81

 

House of Commons

 
 

Tuesday 17th June 2008

 

Public Bill Committee Proceedings

 

Finance Bill


 

(Except Clauses 3, 5, 6, 15, 21, 49, 90 and 117


 

and new Clauses amending section 74 of the Finance Act 2003)


 

[twenty-first and twenty-second sittings]


 

Clause 147 Agreed to.

 


 

Mr Philip Hammond

 

Mr Mark Hoban

 

Mr David Gauke

 

Justine Greening

 

Withdrawn  358

 

Clause  148,  page  90,  line  25,  leave out ‘paragraph (a)’ and insert ‘paragraphs (a)

 

and (b)’.

 

Mr Philip Hammond

 

Mr Mark Hoban

 

Mr David Gauke

 

Justine Greening

 

Not called  359

 

Clause  148,  page  90,  line  41,  leave out ‘(6)(b),’.

 

Jane Kennedy

 

Agreed to  309

 

Clause  148,  page  90,  line  41,  leave out ‘and (7B)’ and insert ‘, (7B) and (13)’.

 

Jane Kennedy

 

Agreed to  310

 

Clause  148,  page  90,  line  42,  leave out first ‘a right to’.

 

Jane Kennedy

 

Agreed to  311

 

Clause  148,  page  90,  line  42,  leave out second ‘a right to’.


 
 

Public Bill Committee Proceedings: 17th June 2008          

82

 

Finance Bill, continued

 
 

Jane Kennedy

 

Agreed to  312

 

Clause  148,  page  90,  line  44,  at end insert—

 

‘(c)    

subsections (7B) and (13) also have effect as if—

 

(i)    

references to a capital market investment were references to the

 

loan capital falling within paragraph (d) of section 78(7), and

 

(ii)    

references to a capital market arrangement were to the

 

arrangements under which that loan capital is raised.’.

 

Clause, as amended, Agreed to.

 

Clauses 149 and 150 Agreed to.

 

Clause 151 Agreed to on division.

 

Schedule 46 Agreed to.

 

Clauses 152 to 157 Agreed to.

 

Clause 158 Agreed to on division.

 


 

Mr Jeremy Browne

 

Dr Vincent Cable

 

Mr Colin Breed

 

Dr John Pugh

 

Withdrawn  47

 

Clause  22,  page  12,  line  4,  at end insert—

 

‘(1C)    

Subsection (1) does not apply to an individual who is enrolled in a higher

 

education institution in the United Kingdom.’.

 

Mr Philip Hammond

 

Mr Mark Hoban

 

Mr David Gauke

 

Justine Greening

 

Question proposed  360

 

Clause  22,  page  12,  line  40,  at end add—

 

‘(9)    

The Treasury shall lay before the House of Commons by 31 December 2008 a

 

report setting out the basis of a statutory residence rule to replace the existing

 

rules.’.

 

[Adjourned till Thursday at 9.00 a.m.


 
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