Session 2010 - 12
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Other Bills before Parliament

15

House of Commons

Tuesday 10 May 2011

Public Bill Committee

New Amendments handed in are marked thus

Amendments which will comply with the required notice period at their next appearance

Finance (No. 3) Bill

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(except Clauses 4, 7, 10, 19, 35 and 72)

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Note

The Amendments have been arranged in accordance with the order to be

proposed by David Gauke.

David Gauke

To move, That the Committee shall meet—

    (a) on Tuesdays at 10.30 am and 4.30 pm, and

    (b) on Thursdays at 9.00 am and 1.00 pm

  when the House is sitting.

David Gauke

To move, That the order in which proceedings are taken shall be: Clauses 1 to 3;

Clauses 5 and 6; Clauses 8 and 9; Clauses 11 to 15; Schedule 1; Clauses 16 to 18; Clauses

20 to 26; Schedule 2; Clause 27; Schedule 3; Clause 28; Schedule 4; Clauses 29 and 30;

Schedule 5; Clauses 31 and 32; Schedule 6; Clauses 33 and 34; Schedules 7 and 8; Clauses

36 to 44; Schedule 9; Clause 45; Schedule 10; Clause 46; Schedule 11; Clause 47;

Schedule 12; Clause 48; Schedule 13; Clauses 49 to 52; Schedule 14; Clauses 53 to 64;

Schedule 15; Clause 65; Schedule 16; Clause 66; Schedule 17; Clause 67; Schedule 18;

Clauses 68 to 71; Schedule 19; Clauses 73 to 77; Schedule 20; Clauses 78 to 82; Schedule

21; Clause 83; Schedule 22; Clauses 84 to 86; Schedules 23 and 24; Clause 87; Schedule

25; Clauses 88 to 91; Schedule 26; new Clauses; new Schedules; Clauses 92 and 93.

Public Bill Committee: 10 May 2011

16

Finance (No. 3) Bill, continued

Mr David Hanson

Kerry McCarthy

3

Clause  1,  page  1,  line  9,  at end add—

‘(3)	The Government will publish the terms of reference and timetable for its review

of the additional rate of income tax and provide updates to Parliament on the

progress of the review by 30 September 2011 then every six months until

September 2014.’.

Caroline Lucas

1

Clause  5,  page  2,  line  20,  leave out ‘25%’ and insert ‘30%’.

Mr David Hanson

Kerry McCarthy

4

Clause  5,  page  2,  line  24,  at end add—

‘(4)	The Chancellor shall, before 30 September 2011, lay before the House of

Commons an assessment of the impact of this section on—

(a)	banks (as defined by section 2 of the Banking Act 2009);

(b)	all other sectors to which corporation tax applies.’.

Mr David Hanson

Kerry McCarthy

5

Clause  6,  page  2,  line  33,  at end add—

‘(4)	The Chancellor shall publish, by 30 September 2011, his plans for future tax

arrangements for small companies.’.

Mr David Hanson

Kerry McCarthy

6

Clause  11,  page  6,  line  26,  leave out ‘£25,000’ and insert ‘£50,000’.

Mr David Hanson

Kerry McCarthy

7

Clause  11,  page  6,  line  27,  leave out subsection (3).

Public Bill Committee: 10 May 2011

17

Finance (No. 3) Bill, continued

Mr David Hanson

Kerry McCarthy

8

Clause  14,  page  10,  line  25,  leave out ‘1 October 2011’ and insert ‘1 April 2011’.

Mr David Hanson

Kerry McCarthy

9

Clause  20,  page  13,  line  19,  at end add—

‘(8)	Subsections (2)(a) and (d) of this section shall not come into force should the

average retail price per litre of unleaded petrol and diesel for the month of

December 2011 in the UK be higher than the price for the week of 21 March

2011.

(9)	The price used in subsection (8) is to be as published by the Department for

Energy and Climate Change.’.

NEW CLAUSES

Private finance initiative income

Caroline Lucas

NC1

To move the following Clause:—

‘The Treasury shall, within six months of the passing of this Act, report to

Parliament its assessment of the amount of tax revenue forgone by companies

receiving payments under Private Finance Initiative contracts being based outside

the United Kingdom.’.

VAT and charitable healthcare providers

Nic Dakin

NC2

To move the following Clause:—

‘The Treasury shall, within one year of the passing of this Act, lay a report before

Parliament on the treatment for Value Added Tax of supplies by charities to

bodies exercising functions on behalf of a Minister of the Crown of healthcare or

welfare services or associated goods’.

Public Bill Committee: 10 May 2011

18

Finance (No. 3) Bill, continued

Review of the bank levy

Stella Creasy

David Miliband

Mrs Jenny Chapman

Steve Rotheram

Mr Graham Allen

Alex Cunningham

Bridget Phillipson

Jim Fitzpatrick

Mrs Madeleine Moon

Yvonne Fovargue

Mr David Lammy

NC3

To move the following Clause:—

‘(1)	The Government shall lay before Parliament a review of the bank levy which will

consider whether the levy should be applied to groups judged by the Financial

Services Authority (or its successor body) to have engaged in high cost credit

lending which is detrimental to consumers. This review shall consider the

following matters—

(a)	the impact such an application could have on the provision of high cost

credit to consumers;

(b)	the timetable for imposition of the banking levy to prevent further

consumer detriment in the provision of high cost credit;

(c)	the consequences of a failure by Government to intervene in the high cost

credit market for UK consumers; and

(d)	at what level the levy should be set at for such bodies so as to discourage

lending in a manner which is detrimental to consumers.’.

Order of the House [26 April 2011]

That—

1.	Clauses 4, 7, 10, 19, 35 and 72 be committed to a Committee of the whole

House.

2.	The remainder of the Bill be committed to a Public Bill Committee.

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.

Public Bill Committee: 10 May 2011

19

Finance (No. 3) Bill, continued

NOTICES WITHDRAWN

The following Notices have been withdrawn:

Stella Creasy

David Miliband

Mrs Jenny Chapman

Steve Rotheram

Mr Graham Allen

Alex Cunningham

Bridget Phillipson

Jim Fitzpatrick

2

Clause  5,  page  2,  line  24,  at end add—

‘(4)	The Government shall lay before Parliament a review of corporation tax rates

which will consider whether a higher rate should be applied to groups judged by

the Financial Services Authority (or its successor body) to have engaged in high

cost credit lending which is detrimental to consumers. This review shall consider

the following matters—

(a)	the impact such an application could have on the provision of high cost

credit to consumers;

(b)	the timetable for imposition of the higher rate to prevent further

consumer detriment in the provision of high cost credit;

(c)	the consequences of a failure by government to intervene in the high cost

credit market for UK consumers; and

(d)	at what level the levy should be set at for such bodies so as to discourage

lending in a manner which is detrimental to consumers.’.

© Parliamentary copyright	Revised 10 May 2011