§ Mr. Patrick JenkinI beg to move Amendment No. 40, in page 77, leave out lines 17 to 28.
In Committee, we amended paragraphs 67 and 68 of the Schedule which dealt with the proper treatment of covenants under the unified tax. As a consequence, we are now able to amend paragraph 26, which deals with net relevant earnings for the purposes of retirement annuities. This is a simplification, and I commend it to the House.
§ Amendment agreed to.