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| Page 33, line 18 [Clause 48], leave out ‘its’ and insert ‘his or her’. |
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| Page 33, line 19 [Clause 48], leave out paragraph (b) and insert— |
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| | ‘(b) | if he or she considers that the question so stated is misleading, his or her |
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| | reasons for doing so, and |
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| | (c) | the outcome of any discussions held under subsections (3) and (4).’. |
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| Page 33, line 19 [Clause 48], at end insert— |
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| | ‘(6) | In this Chapter “electoral registration officer” is as defined in the Representation |
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| | of the People Act 1983.’. |
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| Page 33, line 22 [Clause 49], leave out ‘authority’ and insert ‘authority’s electoral |
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| Page 33, line 32 [Clause 49], leave out ‘12’ and insert ‘6’. |
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| Page 35, line 7 [Clause 52], leave out subsection (3) and insert— |
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| | ‘(3) | The outcome of a local referendum shall be binding on the principal local |
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| | authority, subject to exceptions set out in regulations made by the Secretary of |
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| | State by statutory instrument.’. |
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| Page 35, line 10 [Clause 52], leave out subsection (4) and insert— |
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| | ‘(4) | Regulations under this section must be laid before Parliament before the end of |
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| | six months beginning with the day on which this Act is passed.’. |
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| Page 35, line 13 [Clause 52], leave out ‘to (8)’ and insert ‘and (7)’. |
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| Page 35, line 17 [Clause 52], leave out subsections 7 and 8 and insert— |
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| | ‘(7) | The outcome of a local referendum shall be binding on the partner authority, |
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| | subject to exceptions set out in regulations made by the Secretary of State by |
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| Page 36, line 45 [Clause 55], at end insert— |
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| | ‘(3) | For the purposes of this Chapter the Inner Temple and the Middle Temple are to |
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| | be treated as falling within the ward of Farrington Without in the City of London |
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| | (and so are to be treated as falling within the area of the Common Council of the |
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| | City of London for those purposes).’. |
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| Page 254, line 10 [Schedule 5], after ‘falls’, insert ‘wholly or partly’. |
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| Page 264, line 10 [Schedule 5], after second ‘for’, insert ‘the part of’. |
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| Page 264, line 10 [Schedule 5], after ‘area’, insert ‘comprising the authority’s |
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| Page 37, line 7, leave out Clause 57. |
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| Page 49, line 1 [Clause 66], after ‘means’, insert ‘a body which is operating |
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| primarily within the area of the relevant authority, and which is’. |
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| Page 49, line 7 [Clause 66], after ‘authority’, insert ‘who have formed an |
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| organisation for charitable purposes or a community interest company or industrial and |
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| Page 50, line 1 [Clause 68], after ‘must’, insert ‘provide a period for consultation |
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| with the relevant body on options for service redesign, and must’. |
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| Page 50, line 12 [Clause 68], leave out subsections (5) and (6) and insert— |
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| | ‘(5) | A relevant authority must, in considering an expression of interest, consider— |
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| | (a) | whether acceptance of the expression of interest would promote or |
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| | improve the social, economic or environmental well-being of the |
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| | (b) | whether acceptance of the expression of interest would promote or |
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| | improve equality for people who work, study or live in the authority’s |
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| | (c) | whether acceptance of the expression of interest would disadvantage |
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| | vulnerable groups in society, and |
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| | (d) | the effect of acceptance of the expression of interest on the continuity of |
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| | (6) | A relevant authority must, in carrying out the exercise referred to in subsection |
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| | (a) | how it might promote or improve the social, economic or environmental |
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| | well-being of the authority’s area by means of that exercise, |
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| | (b) | how it might promote or improve equality for people who work, study or |
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| | live in the authority’s area by means of that exercise, |
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| | (c) | the interests of the vulnerable groups in society, and |
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| | (d) | the continuity of the relevant service.’. |
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| | Page 51, line 16 [Clause 71], at end insert— |
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| | ‘(2A) | The Secretary of State must within 12 months of this Act being passed take steps |
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| | to encourage owners of land included in a local authority’s list of assets of |
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| | community value to accept reasonable bids from any community interest groups |
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| | in relation to the land.’. |
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| Page 53, line 11 [Clause 73], at end insert ‘or |
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| | (iv) | by a community interest group as defined in section 79’. |
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| Page 53, line 24 [Clause 73], at end insert ‘which must include the following |
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| | (a) | a requirement to consult the local community and community interest |
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| | (b) | a requirement to conduct a community impact assessment.’. |
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| Page 56, line 25 [Clause 79], leave out ‘either’. |
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| Page 56, line 30 [Clause 79], at end insert ‘, and |
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| | (c) | where the owner of land is a public body or a charity, that any community |
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| | interest group or groups which meet the requirements of paragraph (a) |
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| | have been provided with the option of first refusal to purchase the asset, |
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| | with regulations for this purpose made by the relevant authority.’. |
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| Page 56, line 39 [Clause 79], at end insert ‘, which must be no less than 12 |
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| New Clause relating to tax in connection with provisions of Parts 6 and 7 |
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| To move the following Clause:— |
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| | ‘Schedule [Transfers and transfer schemes: tax provisions] (provision about tax |
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| | in connection with certain transfers and transfer schemes) has effect.’. |
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| New Schedule relating to tax in connection with provisions of
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| To move the following Schedule:— |
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| | ‘Transfers and transfer schemes: tax provisions |
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| | Transfer under paragraph 60 of Schedule 16 |
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| | 1 (1) | For the purposes of any enactment about income tax or corporation tax, the |
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| | Office and the HCA are to be treated as the same person. |
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| | (2) | In particular, the transfer effected by paragraph 60 of Schedule 16 is to be |
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| | disregarded for those purposes. |
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| | (3) | Accordingly, that transfer is not to be regarded for the purposes of Part 8 of the |
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| | Corporation Tax Act 2009 (gains and losses from intangible fixed assets) as |
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| | involving any realisation of an asset by the Office or acquisition of an asset by |
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| | |
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| | “enactment” includes an enactment contained in an instrument made under |
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| | |
| | “the HCA” means the Homes and Communities Agency, and |
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| | “the Office” means the Office for Tenants and Social Landlords. |
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| | Certain transfers under scheme under section 161 or 162 |
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| | Interpretation of Part 2 of Schedule |
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| | 2 | In this Part of this Schedule— |
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| | “CTA 2009” means the Corporation Tax Act 2009, |
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| | (a) | a person which is a public body for the purposes of section 66 of |
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| | the Finance Act 2003 (stamp duty land tax: transfers involving |
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| | (b) | a person prescribed for the purposes of this Part of this Schedule |
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| | by order made by the Treasury, |
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| | “relevant transfer” means— |
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| | (a) | a transfer, in accordance with a transfer scheme under section |
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| | 161, to a taxable public body of property, rights or liabilities of |
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| | the Homes and Communities Agency, or |
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| | (b) | a transfer, in accordance with a transfer scheme under section |
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| | 162, to a taxable public body, |
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| | “taxable public body” means a public body which is within the charge to |
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| | “transferee”, in relation to a transfer in accordance with a transfer scheme |
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| | under section 161 or 162, means the person to whom the transfer is made, |
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| | (a) | means the Homes and Communities Agency in relation to a |
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| | transfer, in accordance with a transfer scheme under section 161, |
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| | of property, rights or liabilities of that Agency, and |
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| | (b) | means the London Development Agency in relation to a transfer |
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| | in accordance with a transfer scheme under section 162. |
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| | Computation of profits and losses in respect of transfer of a trade |
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| | 3 (1) | This paragraph applies where a taxable public body (“the predecessor”) is |
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| | carrying on a trade or part of a trade and, as a result of a transfer scheme under |
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| | (a) | the predecessor ceases to carry on that trade or part of a trade, and |
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| | (b) | another taxable public body (“the successor”) begins to carry on that |
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| | |
| | (2) | For the purposes of calculating, in relation to the time when the scheme comes |
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| | into force and subsequent times, the relevant trading profits or losses of the |
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| | predecessor and the successor— |
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| | (a) | the trade or part is to be treated as having been a separate trade at the |
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| | time of its commencement and as having been carried on by the |
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| | successor at all times since its commencement as a separate trade, and |
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| | (b) | the trade carried on by the successor after the time when the scheme |
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| | comes into force is to be treated as the same trade as that which the |
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| | successor is treated, by virtue of paragraph (a), as having carried on as |
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| | a separate trade before that time. |
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| | (3) | If a trade or part of a trade is to be treated under this paragraph as a separate |
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| | trade, such apportionments of receipts, expenses, assets and liabilities are to be |
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| | made for the purposes of computing relevant trading profits or losses as may |
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| | |
| | (4) | This paragraph is subject to the other provisions of this Part of this Schedule. |
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| | (5) | In this paragraph “relevant trading profits or losses” means profits or losses |
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| | under Part 3 of CTA 2009 in respect of the trade or part of a trade in question. |
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| | Transfers of trading stock |
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| | 4 (1) | This paragraph applies if— |
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| | (a) | under a relevant transfer, trading stock of the transferor is transferred |
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| | (b) | immediately after the transfer takes effect, the stock is to be treated as |
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| | trading stock of the transferee, and |
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| | (c) | paragraph 3 does not apply in relation to the transfer. |
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| | (2) | Sub-paragraphs (3) and (4) have effect in calculating for any corporation tax |
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| | (a) | the profits of the trade in relation to which the stock is trading stock |
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| | immediately before the transfer takes effect (“the transferor’s trade”), |
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| | (b) | the profits of the trade in relation to which it is to be treated as trading |
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| | stock (“the transferee’s trade”). |
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| | (3) | The stock is to be treated as having been— |
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| | (a) | disposed of by the transferor in the course of the transferor’s trade, |
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| | (b) | acquired by the transferee in the course of the transferee’s trade, and |
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| | (c) | subject to that, disposed of and acquired when the transfer takes effect. |
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| | (4) | The stock is to be valued as if the disposal and acquisition had been for a |
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| | consideration which in relation to the transferor would have resulted in neither |
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