§
Motion made, and Question,
That, for the year 1984–85 and subsequent years of assessment, in paragraph 6 of Schedule 1 to the Finance Act 1974 (continuing relief for an existing home loan where the borrower raises a new loan to purchase another home in which he takes up residence) after sub-paragraph (1) there shall be inserted the following sub-paragraph:—
1(A) Where Part I of Schedule 9 to the Finance Act 1972 continues to apply to a loan by virtue of subparagraph (1)(a) above, paragraph 5 above shall also continue to have effect in relation to the loan as if that Part applied to it by virtue of paragraph 4(1)(a) above.
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.—[Mr. Lawson.]
§ put forthwith pursuant to Standing Order No. 114 (Ways and Means motions), and agreed to.