§
Question put,
That—
§
(1) In relation to payments of interest made on or after 6th April 1988 section 355 of the Income and Corporation Taxes Act 1988 (limitations on relief for loans for purchase or improvement of land etc.) shall have effect with the insertion of the following subsections after subsection (2)—
(2A) Section 354 shall not apply by virtue of subsection (1)(a) above where the interest is paid on a home improvement loan unless the loan was made before 6th April 1988.
(2B) In subsection (2A) above "home improvement loan" means—
(2C) Where it is proved by written evidence that a loan made on or after 6th April 1988 was made in pursuance of an offer made by the lender before that date and that the offer either was in writing or was evidenced by a note or memorandum made by the lender before that date, the loan shall be deemed for the purposes of subsection (2A) above to have been made before that date.
§
(2) In relation to payments of interest made on or after 6th April 1988 section 356 of that Act (job-related accommodation) shall have effect with the insertion of the following subsection after subsection (1)—
(1A) Subsection (1) above shall not apply where the interest is paid on a home improvement loan (as defined in section 355 (2B)) unless the loan was made before 6th April 1988; and section 355 (2C) shall have effect for the purposes of this subsection as for those of section 355 (2A).
§ (3) Interest paid by a housing association on a home improvement loan made on or after 6th April 1988 shall not be relevant loan interest for the purposes of Part IX of that Act; and for the purposes of this paragraph—
- (a) "housing association" means a housing association for the time being approved for the purposes of section 488 of that Act or a self-build society for the time being approved for the purposes of section 489,
- (b) "home improvement loan" has the same meaning as in subsection (2B) of section 355 of that Act, and
- (c) subsection (2C) of that section shall have effect as it does for the purposes of subsection (2A) of that section.
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.]
§ The House divided: Ayes 335, Noes 218.
143| Division No. 220] | [10.42 pm |
| AYES | |
| Adley, Robert | Baker, Rt Hon K. (Mole Valley) |
| Aitken, Jonathan | Baker, Nicholas (Dorset N) |
| Alexander, Richard | Baldry, Tony |
| Alison, Rt Hon Michael | Banks, Robert (Harrogate) |
| Allason, Rupert | Batiste, Spencer |
| Amess, David | Beaumont-Dark, Anthony |
| Amos, Alan | Bellingham, Henry |
| Arbuthnot, James | Bendall, Vivian |
| Arnold, Jacques (Gravesham) | Bennett, Nicholas (Pembroke) |
| Arnold, Tom (Hazel Grove) | Benyon, W. |
| Ashby, David | Bevan, David Gilroy |
| Aspinwall, Jack | Biffen, Rt Hon John |
| Atkins, Robert | Biggs-Davison, Sir John |
| Blackburn, Dr John G. | Glyn, Dr Alan |
| Blaker, Rt Hon Sir Peter | Goodhart, Sir Philip |
| Bonsor, Sir Nicholas | Goodlad, Alastair |
| Bottomley, Peter | Goodson-Wickes, Dr Charles |
| Bottomley, Mrs Virginia | Gorman, Mrs Teresa |
| Bowden, A (Brighton K'pto'n) | Gorst, John |
| Bowden, Gerald (Dulwich) | Gow, Ian |
| Bowis, John | Gower, Sir Raymond |
| Boyson, Rt Hon Dr Sir Rhodes | Grant, Sir Anthony (CambsSW) |
| Braine, Rt Hon Sir Bernard | Greenway, Harry (Ealing N) |
| Brandon-Bravo, Martin | Greenway, John (Ryedale) |
| Brazier, Julian | Gregory, Conal |
| Bright, Graham | Griffiths, Sir Eldon (Bury St E') |
| Brittan, Rt Hon Leon | Griffiths, Peter (Portsmouth N) |
| Brooke, Rt Hon Peter | Grist, Ian |
| Brown, Michael (Brigg & Cl't's) | Ground, Patrick |
| Browne, John (Winchester) | Grylls, Michael |
| Buchanan-Smith, Rt Hon Alick | Hamilton, Hon Archie (Epsom) |
| Buck, Sir Antony | Hamilton, Neil (Tatton) |
| Budgen, Nicholas | Hampson, Dr Keith |
| Burns, Simon | Hanley, Jeremy |
| Burt, Alistair | Hannam, John |
| Butcher, John | Hargreaves, A. (B'ham H'll Gr') |
| Butler, Chris | Hargreaves, Ken (Hyndburn) |
| Butterfill, John | Harris, David |
| Carlisle, John, (Luton N) | Hawkins, Christopher |
| Carlisle, Kenneth (Lincoln) | Hayes, Jerry |
| Carrington, Matthew | Hayhoe, Rt Hon Sir Barney |
| Carttiss, Michael | Hayward, Robert |
| Cash, William | Heath, Rt Hon Edward |
| Channon, Rt Hon Paul | Heathcoat-Amory, David |
| Chapman, Sydney | Heddle, John |
| Chope, Christopher | Heseltine, Rt Hon Michael |
| Churchill, Mr | Hicks, Mrs Maureen (Wolv' NE) |
| Clark, Hon Alan (Plym'th S'n) | Higgins, Rt Hon Terence L. |
| Clark, Dr Michael (Rochford) | Hind, Kenneth |
| Clark, Sir W. (Croydon S) | Hogg, Hon Douglas (Gr'th'm) |
| Clarke, Rt Hon K. (Rushcliffe) | Holt, Richard |
| Colvin, Michael | Hordern, Sir Peter |
| Conway, Derek | Howard, Michael |
| Coombs, Anthony (Wyre F'rest) | Howarth, Alan (Strat'd-on-A) |
| Coombs, Simon (Swindon) | Howarth, G. (Cannock & B'wd) |
| Cormack, Patrick | Howell, Ralph (North Norfolk) |
| Cran, James | Hughes, Robert G. (Harrow W) |
| Critchley, Julian | Hunt, David (Wirral W) |
| Currie, Mrs Edwina | Hunt, John (Ravensbourne) |
| Davies, Q. (Stamf'd & Spald'g) | Hunter, Andrew |
| Davis, David (Boothferry) | Hurd, Rt Hon Douglas |
| Day, Stephen | Irvine, Michael |
| Devlin, Tim | Irving, Charles |
| Dickens, Geoffrey | Jack, Michael |
| Dorrell, Stephen | Jackson, Robert |
| Douglas-Hamilton, Lord James | Janman, Tim |
| Dover, Den | Jessel, Toby |
| Dunn, Bob | Johnson Smith, Sir Geoffrey |
| Durant, Tony | Jones, Gwilym (Cardiff N) |
| Eggar, Tim | Jones, Robert B (Herts W) |
| Emery, Sir Peter | Jopling, Rt Hon Michael |
| Evans, David (Welwyn Hatf'd) | Kellett-Bowman, Dame Elaine |
| Evennett, David | Kilfedder, James |
| Fairbairn, Nicholas | King, Roger (B'ham N'thfield) |
| Fallon, Michael | Kirkhope, Timothy |
| Farr, Sir John | Knapman, Roger |
| Favell, Tony | Knight, Greg (Derby North) |
| Fenner, Dame Peggy | Knight, Dame Jill (Edgbaston) |
| Field, Barry (Isle of Wight) | Knowles, Michael |
| Fookes, Miss Janet | Knox, David |
| Forman, Nigel | Lamont, Rt Hon Norman |
| Forsyth, Michael (Stirling) | Lang, Ian |
| Forth, Eric | Latham, Michael |
| Fowler, Rt Hon Norman | Lawrence, Ivan |
| Franks, Cecil | Lawson, Rt Hon Nigel |
| Freeman, Roger | Lee, John (Pendle) |
| French, Douglas | Leigh, Edward (Gainsbor'gh) |
| Fry, Peter | Lester, Jim (Broxtowe) |
| Gale, Roger | Lightbown, David |
| Gardiner, George | Lilley, Peter |
| Garel-Jones, Tristan | Lloyd, Sir Ian (Havant) |
| Gill, Christopher | Lord, Michael |
| Gilmour, Rt Hon Sir Ian | Luce, Rt Hon Richard |
| Lyell, Sir Nicholas | Sackville, Hon Tom |
| McCrindle, Robert | Sainsbury, Hon Tim |
| Macfarlane, Sir Neil | Sayeed, Jonathan |
| MacGregor, Rt Hon John | Scott, Nicholas |
| MacKay, Andrew (E Berkshire) | Shaw, David (Dover) |
| McLoughlin, Patrick | Shaw, Sir Giles (Pudsey) |
| McNair-Wilson, M. (Newbury) | Shaw, Sir Michael (Scarb') |
| McNair-Wilson, P. (New Forest) | Shelton, William (Streatham) |
| Madel, David | Shephard, Mrs G. (Norfolk SW) |
| Major, Rt Hon John | Shepherd, Colin (Hereford) |
| Malins, Humfrey | Shepherd, Richard (Aldridge) |
| Mans, Keith | Shersby, Michael |
| Maples, John | Sims, Roger |
| Marland, Paul | Skeet, Sir Trevor |
| Marshall, John (Hendon S) | Smith, Tim (Beaconsfield) |
| Marshall, Michael (Arundel) | Soames, Hon Nicholas |
| Martin, David (Portsmouth S) | Speed, Keith |
| Mates, Michael | Speller, Tony |
| Maude, Hon Francis | Spicer, Sir Jim (Dorset W) |
| Maxwell-Hyslop, Robin | Spicer, Michael (S Worcs) |
| Mayhew, Rt Hon Sir Patrick | Squire, Robin |
| Mellor, David | Stanbrook, Ivor |
| Meyer, Sir Anthony | Steen, Anthony |
| Miller, Hal | Stern, Michael |
| Mills, Iain | Stevens, Lewis |
| Miscampbell, Norman | Stewart, Allan (Eastwood) |
| Mitchell, Andrew (Gedling) | Stewart, Andy (Sherwood) |
| Mitchell, David (Hants NW) | Stewart, Ian (Hertfordshire N) |
| Moate, Roger | Stokes, John |
| Monro, Sir Hector | Stradling Thomas, Sir John |
| Montgomery, Sir Fergus | Sumberg, David |
| Moore, Rt Hon John | Tapsell, Sir Peter |
| Morris, M (N'hampton S) | Taylor, Ian (Esher) |
| Morrison, Hon Sir Charles | Taylor, John M (Solihull) |
| Moss, Malcolm | Tebbit, Rt Hon Norman |
| Moynihan, Hon Colin | Temple-Morris, Peter |
| Neale, Gerrard | Thatcher, Rt Hon Margaret |
| Needham, Richard | Thompson, D. (Calder Valley) |
| Nelson, Anthony | Thompson, Patrick (Norwich N) |
| Neubert, Michael | Thorne, Neil |
| Newton, Rt Hon Tony | Thornton, Malcolm |
| Nicholson, David (Taunton) | Thurnham, Peter |
| Nicholson, Emma (Devon West) | Townend, John (Bridlington) |
| Onslow, Rt Hon Cranley | Townsend, Cyril D. (B'heath) |
| Oppenheim, Phillip | Tracey, Richard |
| Page, Richard | Tredinnick, David |
| Paice, James | Trippier, David |
| Parkinson, Rt Hon Cecil | Trotter, Neville |
| Patnick, Irvine | Twinn, Dr Ian |
| Patten, John (Oxford W) | Vaughan, Sir Gerard |
| Pattie, Rt Hon Sir Geoffrey | Waddington, Rt Hon David |
| Pawsey, James | Wakeham, Rt Hon John |
| Peacock, Mrs Elizabeth | Waldegrave, Hon William |
| Porter, Barry (Wirral S) | Walden, George |
| Porter, David (Waveney) | Walker, Bill (T'side North) |
| Portillo, Michael | Waller, Gary |
| Powell, William (Corby) | Walters, Dennis |
| Price, Sir David | Ward, John |
| Raffan, Keith | Wardle, Charles (Bexhill) |
| Raison, Rt Hon Timothy | Warren, Kenneth |
| Rathbone, Tim | Watts, John |
| Redwood, John | Wheeler, John |
| Renton, Tim | Whitney, Ray |
| Rhodes James, Robert | Widdecombe, Ann |
| Rhys Williams, Sir Brandon | Wilkinson, John |
| Riddick, Graham | Wilshire, David |
| Ridley, Rt Hon Nicholas | Wolfson, Mark |
| Ridsdale, Sir Julian | Wood, Timothy |
| Roberts, Wyn (Conwy) | Woodcock, Mike |
| Roe, Mrs Marion | Yeo, Tim |
| Rossi, Sir Hugh | Young, Sir George (Acton) |
| Rost, Peter | |
| Rowe, Andrew | Tellers for the Ayes: |
| Rumbold, Mrs Angela | Mr. Mark Lennox-Boyd and |
| Ryder, Richard | Mr. Peter Lloyd. |
| NOES | |
| Abbott, Ms Diane | Alton, David |
| Adams, Allen (Paisley N) | Archer, Rt Hon Peter |
| Allen, Graham | Armstrong, Hilary |
| Ashdown, Paddy | Golding, Mrs Llin |
| Ashley, Rt Hon Jack | Gordon, Mildred |
| Ashton, Joe | Gould, Bryan |
| Banks, Tony (Newham NW) | Grant, Bernie (Tottenham) |
| Barnes, Harry (Derbyshire NE) | Griffiths, Nigel (Edinburgh S) |
| Barron, Kevin | Griffiths, Win (Bridgend) |
| Battle, John | Grocott, Bruce |
| Beckett, Margaret | Hattersley, Rt Hon Roy |
| Beith, A. J. | Haynes, Frank |
| Bell, Stuart | Healey, Rt Hon Denis |
| Benn, Rt Hon Tony | Heffer, Eric S. |
| Bennett, A. F. (D'nt'n & R'dish) | Henderson, Doug |
| Bermingham, Gerald | Hinchliffe, David |
| Bidwell, Sydney | Hogg, N. (C'nauld & Kilsyth) |
| Blair, Tony | Holland, Stuart |
| Boyes, Roland | Home Robertson, John |
| Bradley, Keith | Howarth, George (Knowsley N) |
| Bray, Dr Jeremy | Howell, Rt Hon D. (S'heath) |
| Brown, Gordon (D'mline E) | Howells, Geraint |
| Brown, Nicholas (Newcastle E) | Hoyle, Doug |
| Bruce, Malcolm (Gordon) | Hughes, John (Coventry NE) |
| Buchan, Norman | Hughes, Robert (Aberdeen N) |
| Caborn, Richard | Hughes, Roy (Newport E) |
| Callaghan, Jim | Hughes, Sean (Knowsley S) |
| Campbell, Menzies (Fife NE) | Hughes, Simon (Southwark) |
| Campbell, Ron (Blyth Valley) | Hume, John |
| Campbell-Savours, D. N. | Illsley, Eric |
| Canavan, Dennis | Ingram, Adam |
| Carlile, Alex (Mont'g) | Janner, Greville |
| Clark, Dr David (S Shields) | John, Brynmor |
| Clarke, Tom (Monklands W) | Jones, Barry (Alyn & Deeside) |
| Clay, Bob | Jones, leuan (Ynys Môn) |
| Clelland, David | Kaufman, Rt Hon Gerald |
| Clwyd, Mrs Ann | Kennedy, Charles |
| Cohen, Harry | Kinnock, Rt Hon Neil |
| Coleman, Donald | Kirkwood, Archy |
| Cook, Frank (Stockton N) | Leadbitter, Ted |
| Cook, Robin (Livingston) | Leighton, Ron |
| Corbyn, Jeremy | Lestor, Joan (Eccles) |
| Cousins, Jim | Lewis, Terry |
| Cox, Tom | Livingstone, Ken |
| Crowther, Stan | Livsey, Richard |
| Cryer, Bob | Lloyd, Tony (Stretford) |
| Cummings, John | Lofthouse, Geoffrey |
| Cunlirfe, Lawrence | McAllion, John |
| Cunningham, Dr John | McAvoy, Thomas |
| Dalyell, Tarn | McCartney, Ian |
| Darling, Alistair | Macdonald, Calum A. |
| Davies, Ron (Caerphilly) | McFall, John |
| Davis, Terry (B'ham Hodge H'I) | McGrady, Eddie |
| Dewar, Donald | McKay, Allen (Barnsley West) |
| Dixon, Don | McKelvey, William |
| Dobson, Frank | McLeish, Henry |
| Doran, Frank | McNamara, Kevin |
| Douglas, Dick | McTaggart, Bob |
| Duffy, A. E. P. | McWilliam, John |
| Dunnachie, Jimmy | Madden, Max |
| Dunwoody, Hon Mrs Gwyneth | Mahon, Mrs Alice |
| Eadie, Alexander | Marek, Dr John |
| Eastham, Ken | Marshall, David (Shettleston) |
| Evans, John (St Helens N) | Marshall, Jim (Leicester S) |
| Ewing, Harry (Falkirk E) | Martin, Michael J. (Springburn) |
| Ewing, Mrs Margaret (Moray) | Maxton, John |
| Fatchett, Derek | Meacher, Michael |
| Faulds, Andrew | Michie, Bill (Sheffield Heeley) |
| Field, Frank (Birkenhead) | Millan, Rt Hon Bruce |
| Fields, Terry (L'pool B G'n) | Mitchell, Austin (G't Grimsby) |
| Fisher, Mark | Moonie, Dr Lewis |
| Flannery, Martin | Morgan, Rhodri |
| Flynn, Paul | Morris, Rt Hon J. (Aberavon) |
| Foot, Rt Hon Michael | Mowlam, Marjorie |
| Foster, Derek | Mullin, Chris |
| Foulkes, George | Murphy, Paul |
| Fraser, John | Nellist, Dave |
| Galbraith, Sam | Oakes, Rt Hon Gordon |
| Galloway, George | O'Neill, Martin |
| Garrett, John (Norwich South) | Orme, Rt Hon Stanley |
| George, Bruce | Parry, Robert |
| Gilbert, Rt Hon Dr John | Patchett, Terry |
| Godman, Dr Norman A. | Pendry, Tom |
| Pike, Peter L. | Steel, Rt Hon David |
| Powell, Ray (Ogmore) | Stott, Roger |
| Prescott, John | Strang, Gavin |
| Primarolo, Dawn | Straw, Jack |
| Quin, Ms Joyce | Taylor, Mrs Ann (Dewsbury) |
| Randall, Stuart | Taylor, Matthew (Truro) |
| Redmond, Martin | Thomas, Dr Dafydd Elis |
| Rees, Rt Hon Merlyn | Turner, Dennis |
| Reid, Dr John | Vaz, Keith |
| Richardson, Jo | Wall, Pat |
| Robertson, George | Walley, Joan |
| Robinson, Geoffrey | Wardell, Gareth (Gower) |
| Rogers, Allan | Wareing, Robert N. |
| Rooker, Jeff | Welsh, Andrew (Angus E) |
| Ross, Ernie (Dundee W) | Welsh, Michael (Doncaster N) |
| Rowlands, Ted | Wigley, Dafydd |
| Sedgemore, Brian | Williams, Rt Hon Alan |
| Sheerman, Barry | Williams, Alan W. (Carm'then) |
| Sheldon, Rt Hon Robert | Wilson, Brian |
| Shore, Rt Hon Peter | Winnick, David |
| Short, Clare | Wise, Mrs Audrey |
| Skinner, Dennis | Worthington, Tony |
| Smith, Andrew (Oxford E) | Young, David (Bolton SE) |
| Smith, C. (Isl'ton & F'bury) | |
| Smith, Cyril (Rochdale) | Tellers for the Noes: |
| Smith, Rt Hon J. (Monk'ds E) | Mrs. Ray Michie and |
| Snape, Peter | Mr. Ronnie Fearn. |
| Soley, Clive |
§ Question accordingly agreed to.
Mr. SpeakerMay I have the leave of the House to put motions 20, 21 and 22 together? There does not appear to be any objection to that being done.