§ Motion made and Question proposed,
§ That it is expedient to make further provision as to the operation of Part III of the Finance Act, 1960, with reference to happenings before the commencement of that Act — [Sir E. Boyle.]
§ Mr. G. R. Mitchison (Kettering)We ought to have an explanation from the Government of what this is about.
§ 10.41 p.m.
§ The Financial Secretary to the Treasury (Sir Edward Boyle)With pleasure. The Motion provides authority for the inclusion in Committee on the Finance Bill of a new Clause to ensure 182 that Part III of the Finance Act, 1960— the Income Tax and Profits Tax Penalty Code— has the effect intended when the legislation was enacted in 1960.
The need for this further legislation, which was dealt with at some length by my right hon. and learned Friend the Attorney-General at the end of the Second Reading debate on the Bill, was shown by a decision of the Queen's Bench Divisional Court on 18th April, 1962, in the case of the Queen v. the Commissioners for General Purposes of Income Tax for the Wallington Division.
This Motion simply seeks to enable us to take this matter during the Committee stage.
§ Question put and agreed to.
§ Resolution to be reported.
§ Report to be received Tomorrow;
§ Committee to sit again Tomorrow.