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17

 

House of Commons

 
 

Thursday 15th May 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)


 

[Seventh and eighth sittings]


 

Clauses 10 to 12 Agreed to.

 


 

Mr Jeremy Browne

 

Dr Vincent Cable

 

Mr Colin Breed

 

Dr John Pugh

 

Withdrawn  66

 

Schedule  5,  page  139,  leave out lines 11 to 35.

 

Mr Jeremy Browne

 

Dr Vincent Cable

 

Mr Colin Breed

 

Dr John Pugh

 

Withdrawn  65

 

Schedule  5,  page  143,  line  45,  at end insert—

 

‘27      

In Article 21 of the Renewable Transport Fuel Obligations Order 2007 (S.I.

 

2007/3072), after paragraph (11) insert—

 

“(12)  

The Administrator shall undertake an annual review of the

 

effectiveness of the buy-out price level under sub-paragraph (7),

 

including in particular its impact on the level of incentive provided

 

to suppliers to invest in biofuels.

 

    (13)  

Within two months of completing any review under paragraph (12),

 

the Administrator shall submit a report of its findings to the

 

Secretary of State.

 

    (14)  

As soon as reasonably practicable after the Secretary of State has

 

received a report on a review under paragraph (12) the Secretary of

 

State shall lay a copy of the report before the House of

 

Commons.”’.


 
 

Public Bill Committee Proceedings: May 2008              

18

 

Finance Bill, continued

 
 

Schedule Agreed to.

 

Clauses 13 and 14 Agreed to.

 

Schedule 6 Agreed to.

 

Clause 16 Agreed to.

 


 

Mr Jeremy Browne

 

Dr Vincent Cable

 

Mr Colin Breed

 

Dr John Pugh

 

Not selected  56

 

Clause  17,  page  8,  line  38,  at end insert—

 

‘(1A)    

The Treasury shall undertake a review of the excluded supplies provisions under

 

Part II of FA 2000.

 

(1B)    

A review under subsection (1A) is subject to approval by resolution of the House

 

of Commons.’.

 

Mr Jeremy Browne

 

Dr Vincent Cable

 

Mr Colin Breed

 

Dr John Pugh

 

Withdrawn  57

 

Clause  17,  page  8,  line  40,  at end insert—

 

‘(3)    

In sub-paragraph 2(1) of Schedule 6 to FA 2000 after “on”, insert “the level of

 

carbon dioxide emissions emitted by”.’.

 

Mr George Osborne

 

Mr Philip Hammond

 

Mr Mark Hoban

 

Justine Greening

 

Mr David Gauke

 

Withdrawn  68

 

Clause  17,  page  8,  line  40,  at end insert—

 

‘(3)    

The Treasury shall publish, not later than the date of the Budget 2009, an

 

estimate, audited by the Independent Committee on Climate Change (as

 

established by the Climate Change Act 2008), of the carbon emissions savings

 

resulting from the changes to climate change levy contained in this section’.

 

Clause Agreed to.

 

Clause 18 Agreed to.

 



 
 

Public Bill Committee Proceedings: May 2008              

19

 

Finance Bill, continued

 
 

Mr George Osborne

 

Mr Philip Hammond

 

Mr Mark Hoban

 

Justine Greening

 

Mr David Gauke

 

Withdrawn  69

 

Clause  19,  page  9,  line  10,  leave out ‘in particular’ and insert ‘specifically’.

 

Clause Agreed to.

 

Clauses 20 to 24 Agreed to.

 

Schedule 8 Agreed to.

 

Clause 25 Agreed to.

 

Schedule 9 Agreed to.

 

Clause 26 Agreed to.

 

Schedule 10 Agreed to.

 

Clause 27 Agreed to.

 

[Adjourned till Tuesday 20th May at 10.30 a.m.


 
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