HC Deb 22 July 1974 vol 877 cc1241-2
Mr. Joel Barnett

I beg to move Amendment No. 56, in page 38, line 27, leave out 'and'.

Mr. Deputy Speaker

With this amendment it is proposed to take Amendment No. 242, in page 38, line 7, leave out 'carried out' and insert 'begun.', and Government Amendment No. 57.

Mr. Barnett

As the Bill stands, Clause 43(3) leaves uncertain the treatment of a case in which the material development took place both before and after 18th December 1973. Amendments Nos. 56 and 57 provide that where there has been material development the April 1965 valuation rule is to apply only if material development started on or after 18th December 1973. I think the hon. Member for Kingston-upon-Thames (Mr. Lamont) will see that the Government amendments meet the point he had in mind in his Amendment No. 242.

Amendment agreed to.

Amendment made: No. 57, in page 38, line 30, at end insert: '; and (e) paragraph 14 of the said Schedule 3 (meaning of material development "carried out after" a particular date) shall apply as it applies for the purposes of paragraph 11 to 13 of that Schedule" '.—[Dr. Gilbert.]

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