HC Deb 16 March 1981 vol 1 c143

That (1) In paragraph 1 of Schedule 1 to the Finance Act 1972 (liability to be registered)— 18

  1. (a) for "£4,000 there shall be substituted "£5,000"; and
  2. (b) for "£13,500", in each place, there shall be substituted "£15,000";
and in section 20(1) of that Act (registration of local authorities) for "£13,500", in both places, there shall be substituted "£15,000". (2) In paragraph 2 of the said Schedule 1 (termination of liability to be registered)—
  1. (a) for "£13,500", in both places, there shall be substituted "£15,000"; and
  2. (b) for "£12,500" there shall be substituted "£14,000".
(3) Paragraph 1 above shall come into force on 11th March 1981 and paragraph 2 above on 1st June 1981. And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.—[Sir Geoffrey Howe.]

put forthwith pursuant to Standing Order No. 94 (Ways and Means motions), and agreed to.