HC Deb 22 July 1974 vol 877 cc1072-3

4.52 p.m.

The Chief Secretary to the Treasury (Mr. Joel Barnett)

I beg to move Amendment No. 16, in page 12, line 26, leave out from 'deduction' to 'was' in line 27 and insert: equal to their whole amount'.

Mr. Deputy Speaker (Mr. George Thomas)

With this we are to take Government Amendments Nos. 17, 18, 19 and 20.

Mr. Terence Higgins (Worthing)

On a point of order, Mr. Deputy Speaker. I wonder whether I might have your guidance. I am not clear at what stage the recommittal motion is taken.

Mr. Deputy Speaker

That comes later.

Mr. Barnett

The first two amendments, Nos. 16 and 17, are consequential on the adoption by Standing Committee A of Government Amendment No. 420, which redrafted paragraph 1 of Schedule 2. These amendments are needed to take account of the new form of that paragraph. They do not change the substance of Clause 17.

Amendments Nos. 18, 19 and 20 are complementary to Amendments Nos. 421 and 422 to Schedule 2 which were tabled in Committee and provide for relief to be given, among other things, for employee contributions to unapprovable foreign pension funds. The present amendments affect Clause 17, and as Clause 14, as it was then, had already been debated in Committee of the whole House these amendments have had to be tabled on Report. I hope that these amendments will be accepted.

Amendment agreed to.

Amendments made:

No. 17, in page 12, line 28, after 'allowable', insert: 'under paragraph 1 of Schedule 2 to the Finance Act 1974'.

No. 18, in page 12, line 31, after 'but', insert 'either—(a)'

No. 19, in page 12, line 35, at end insert or— (b) those emoluments are foreign emoluments within the meaning of paragraph 1 of Schedule E and the Board are satisfied, on a claim made by the employee, that the payments in question are made pursuant to a scheme or to a fund which corresponds to such a scheme or fund as is mentioned in subsection (1) or (2) above'.

No. 20, in page 13, line 3, at end insert 'or where the emoluments from the employment are foreign emoluments within the meaning of paragraph 1 of Schedule E, and the Board are satisfied, on a claim made by the employee, that the retirement benefits scheme in question corresponds to such a scheme as is mentioned in paragraph (a), (b) or (c) of subsection (1) above'.—[Mr. Joel Barnett.]

Forward to