§ Motion made, and Question,
- (a) the small companies rate for the financial year 1981 shall be 40 per cent.; and
- (b) the fraction by reference to which corporation tax charged on income is reduced under section 95(2) of the Finance Act 1972 shall for that financial year be two twenty-fifths.—[Sir Geoffrey Howe.]
§ put forthwith pursuant to Standing Order No. 94 (Ways and Means motions), and agreed to.