HC Deb 12 April 1965 vol 710 cc1093-4

[Queen's Recommendation signified]

Considered in Committee under Standing Order No. 88 (Money Committees).

[Sir SAMUEL STOREY in the Chair]

Resolved, That, for the purposes of any Act of the present Session relating to finance, it is expedient to authorise—

  1. (a) any increase in the sums to be issued out of the Consolidated Fund or in the moneys to be raised under the National Loans Act 1939 which is attributable to any provision of the said Act of the present Session increasing the limit in section 2(1) of the Miscellaneous Financial Provisions Act 1950 on the sums which may be advanced to the Exchequer of Northern Ireland by way of loan under that section;
  2. (b) the payment out of moneys provided by Parliament of the expenses of making to operators of stage carriage services payments, limited to sixpence for every gallon of fuel used or estimated to have been used in operating any such service after the commencement of section 2 of the Finance (No. 2) Act 1964, towards defraying customs or excise duty charged on such fuel;
  3. (c) in connection with any new provision for the taxation of companies and company distributions, the making to companies of payments out of moneys provided by Parliament with a view to offsetting such increases in the total taxation charged on any trading income of the company and dividends paid by the company as may be expected to result from reductions in the credit allowed to the company for overseas taxation on its trading income; and
  4. (d) the payment out of moneys provided by Parliament of grants for affording relief from tax (including, in such cases as may 1094 be provided by the said Act of the present Session, tax in respect of periods before the passing of that Act) to housing associations not trading for profit whose functions consist of or include the provision of housing accommodation for letting or hostels, being tax in respect of rent or other receipts accruing to such associations in consequence of the exercise of that function.—[Mr. Niall MacDermot.]

Resolution to be reported.

Report to be received Tomorrow.