HC Deb 20 April 1970 vol 800 c174

Motion made, and Question,

That it is expedient, for 1969-70 and later years of assessment—

  1. (a)to amend the provisions, originally enacted in the Finance Act 1969, about interest on loans to purchase machinery or plant, and
  2. (b)to exclude payments of interest from section 173 of the Income and Corporation Taxes Act 1970 (carry forward of certain taxed payments as losses),
and to amend in other respects the provisions about interest originally enacted in the Finance Act 1969.—[Mr. Roy Jenkins]

put forthwith pursuant to Standing Order No. 90(2) (Ways and Means motions), and agreed to