'Where on a capital transfer a liability to capital gains tax arises in respect of the same assets the tax shall not exceed the liability for charge to capital transfer tax or to capital gains tax whichever is the greater.'—[Mr. David Mitchell.]
§ Brought up, and read the First time.
§ Question put, That the clause be read a Second time:—
§ The Committee divided: Ayes 162, Noes 169.
1141| McCusker, H. | Penhaligon, David | Speed, Keith |
| Macfarlane, Nell | Percival, Ian | Spicer, Michael (S Worcester) |
| Marten, Neil | Peyton, Rt Hon John | Stanbrook, Ivor |
| Maude, Angus | Powell, Rt Hon J. Enoch | Steel, David (Roxburgh) |
| Maxwell-Hyslop, Robin | Price, David (Eastleigh) | Steen, Anthony (Wavertree) |
| Mayhew, Patrick | Prior, Rt Hon James | Stradling Thomas, J. |
| Meyer, Sir Anthony | Pym, Rt Hon Francis | Tapsell, Peter |
| Miller, Hal (Bromsgrove) | Ralhbone, Tim | Taylor, Teddy (Cathcart) |
| Mills, Peter | Rees, Peter (Dover & Deal) | Temple-Morris, Peter |
| Mitchell, David (Basingstoke) | Rees-Davies, W. R. | Thomas, Rt Hon P. (Hendon S) |
| Moate, Roger | Renton, Rt Hon Sir D. (Hunts) | Thompson, George |
| Molyneaux, James | Renton, Tim (Mid-Sussex) | Tugendhat, Christopher |
| Monro, Hector | Rhys Williams, Sir Brandon | Wakeham, John |
| Moore, John (Croydon C) | Rippon, Rt Hon Geoffrey | Walder, David (Clitheroe) |
| More, Jasper (Ludlow) | Roberts, Michael (Cardiff, NW) | Walters, Dennis |
| Morrison, Charles (Devizes) | Roberts, Wyn (Conway) | Weatherill, Bernard |
| Morrison, Hon Peter (Chester) | Ross, William (Londonderry) | Whitelaw, Rt Hon William |
| Mudd, David | Rossi, Hugh (Hornsey) | Wiggin, Jerry |
| Nelson, Anthony | Sainsbury, Tim | Wigley, Dafydd |
| Newton, Tony | Shelton, William (Streatham) | Winterton, Nicholas |
| Normanton, Tom | Shepherd, Colin | Wood, Rt Hon Richard |
| Nott, John | Shersby, Michael | Young, Sir G. (Ealing, Acton) |
| Oppenhelm, Mrs Sally | Silvester, Fred | Younger, Hon George |
| Osborn, John | Sims, Roger | |
| Page, John (Harrow West) | Sinclair, Sir George | TELLERS FOR THE AYES: |
| Page, Rt Hon R. Graham (Crosby) | Skeet, T. H. H. | Mr. John Corrie and |
| Pardoe, John | Smith, Dudley (Warwick) | Mr Carol Mather. |
| Parkinson, Cecil |
| NOES | ||
| Anderson, Donald | Fletcher, Raymond (Ilkeston) | Molloy, William |
| Archer, Peter | Fletcher, Ted (Darlington) | Morris, Charles R. (Openshaw) |
| Armstrong, Ernest | Foot, Rt Hon Michael | Moyle, Roland |
| Atkins, Ronald (Preston N) | Ford, Ben | Noble, Mike |
| Barnett, Rt Hon Joel (Heywood) | Forrester, John | Ogden, Eric |
| Bates, Alf | George, Bruce | O'Halloran, Michael |
| Bean, R. E. | Gilbert, Dr John | Ovenden, John |
| Bennett, Andrew (Stockport N) | Ginsburg, David | Palmer, Arthur |
| Bidwell, Sydney | Golding, John | Park, George |
| Bishop, E. S. | Gould, Bryan | Parry, Robert |
| Blenkinsop, Arthur | Graham, Ted | Pavitt, Laurie |
| Boardman, H. | Grocott, Bruce | Pendry, Tom |
| Bottomley, Rt Hon Arthur | Hamilton, James (Bothwell) | Phipps, Dr Colin |
| Boyden, James (Bish Auck) | Harper, Joseph | Prescott, John |
| Bray, Dr Jeremy | Harrison, Walter (Wakefield) | Price, William (Rugby) |
| Brown, Hugh D (Provan) | Hart, Rt Hon Judith | Radice, Giles |
| Brown, Robert C. (Newcastle W) | Horam, John | Richardson, Miss Jo |
| Brown, Ronald (Hackney S) | Howell, Rt Hon Denis | Roberts, Albert (Normanton) |
| Buchan, Norman | Huckfield, Les | Robinson, Geoffrey |
| Buchanan, Richard | Hughes, Robert (Aberdeen N) | Roderick, Caerwyn |
| Campbell, Ian | Irvine, Rt Hon Sir A. (Edge Hill) | Rooker, J. W. |
| Canavan, Dennis | Irving, Rt Hon S. (Dartford) | Roper, John |
| Carmichael, Neil | Jackson, Colin (Brighouse) | Ross, Rt Hon W. (Kilmarnock) |
| Clemitson, Ivor | Jackson, Miss Margaret (Lincoln) | Rowlands, Ted |
| Cocks, Michael (Bristol S) | Jay, Rt Hon Douglas | Sandelson, Neville |
| Cohen, Stanley | Johnson, James (Hull West) | Sedgemore, Brian |
| Coleman, Donald | Johnson, Walter (Derby S) | Shaw, Arnold (Ilford South) |
| Colquhoun, Ms Maureen | Jones, Barry (East Flint) | Sheldon, Robert (Ashton-u-Lyne) |
| Concannon, J. D. | Judd, Frank | Short, Rt Hon E. (Newcastle C) |
| Conlan, Bernard | Kilroy-Silk, Robert | Sillars, James |
| Craigen, J. M. (Maryhill) | Lamond, James | Silverman, Julius |
| Crawshaw, Richard | Latham, Arthur (Paddington) | Skinner, Dennis |
| Cronin, John | Lewis, Arthur (Newham N) | Small, William |
| Crosland, Rt Hon Anthony | Loyden, Eddie | Smith, John (N Lanarkshire) |
| Cunningham, G. (Islington S) | Luard, Evan | Snape, Peter |
| Cunningham, Dr J (Whiteh) | McCartney, Hugh | Spearing, Nigel |
| Davidson, Arthur | McElhone, Frank | Spriggs, Leslie |
| Davies, Bryan (Enfield N) | MacFarquhar, Roderick | Stallard, A. W. |
| Davis, Clinton (Hackney C) | McGuire, Michael (Ince) | Stoddart, David |
| Deakins, Eric | Mackenzie, Gregor | Stott, Roger |
| Dean, Joseph (Leeds West) | Mackintosh, John P. | Strang, Gavin |
| Dempsey, James | McMillan, Tom (Glasgow C) | Taylor, Mrs. Ann (Bolton W) |
| Doig, Peter | McNamara, Kevin | Thomas, Ron (Bristol NW) |
| Dormand, J. D. | Madden, Max | Thorne, Stan (Preston South) |
| Duffy, A. E. P. | Magee, Bryan | Tierney, Sydney |
| Eadie, Alex | Marquand, David | Tinn, James |
| Ellis, John (Bragg & Scun) | Marshall, Dr Edmund (Goole) | Torney, Tom |
| Ellis, Tom (Wrexham) | Maynard, Miss Joan | Wainwright, Edwin (Dearne V) |
| Ennals, David | Mendelson, John | Walden, Brian (B'ham, L'dyw'd) |
| Evans, loan (Aberdare) | Miller, Dr M. S. (E Kilbride) | Walker, Harold (Doncaster) |
| Ewing, Harry (Stirling) | Miller, Mrs Millie (IIford N) | Walker, Terry (Kingswood) |
| Faulds, Andrew | Mitchell, R. C. (Soton, Itchen) | Ward, Michael |
| Fernyhough, Rt Hon E. |
| Watkins, David | Wilson, Alexander (Hamilton) | Woof, Robert |
| White, James (Pollok) | Wilson, Rt Hon H. (Huyton) | Young, David (Bolton E) |
| Whitlock, William | Wilson, William (Coventry SE) | |
| Williams, Alan (Swansea W) | Wise, Mrs Audrey | TELLERS FOR THE NOES. |
| Williams, Sir Thomas | Woodall, Alec | Mr. Frank R. White and |
| Mr. Thomas Cox. |
§ Question accordingly negatived.
§ Bill (Clauses 14, 21, 24, 26, 27, 48, 52 and 64) reported, without amendment; to lie upon the Table.