§ Amendment proposed: In page 10, line 27, leave out subsection (2) and insert:
§ (2) In respect of tax chargeable by virtue of this section there shall be allowed relief, called "lapse of time relief", in accordance with the provisions of the Schedule (Charge on gains from acquisition and disposal: lapse of time relief) to this Act.—[Mr. Mitchisonl]
§ Question again proposed, That the words proposed to be left out, to "three" in line 29, stand part of the Clause.
§ 3.56 p.m.
§ The ChairmanWe are discussing together with this Amendment the following Amendments: in page 10, line 29, to leave out "three" and to insert "two"; in line 29, to leave out "three" and to insert "ten"; in line 31, 236 to leave out "six months" and to insert "five years"; and the proposed new Schedules: