§ Motion made, and Question put,
§ That the following provisions shall have effect for the period beginning 8th July 1997 and ending 31 days after the earliest of the dates mentioned in section 50(2) of the Finance Act 1973—
§ (1) Section 55 of the Finance Act 1963 and section 4 of the Finance Act (Northern Ireland) 1963 shall each be amended in accordance with the provisions of paragraphs (2) to (4) below.
§
(2) Subject to the modification mentioned in paragraph (5) below, in subsection (1), for paragraphs (b) and (c) there shall be substituted—
the rate of 50p for every £50 or part of £50 of the consideration;
the rate of £1 for every £100 or part of £100 of the consideration;
§ (3) In subsection (1A) for "paragraph (c)" there shall be substituted "paragraph (e)".
§ (4) In subsection (2)—
- (a) after the words "shall have effect as if' there shall be inserted "(a)", and
- (b) after the word "omitted" there shall be inserted—
§ "and
§ (b) in paragraph (d) for the words "paragraphs (a) to (c)" there were substituted the words "paragraphs (b) and (c)"."
§ (5) In section 4 of the Finance Act (Northern Ireland) 1963, for the words "section 34(4) of the Finance Act 1958" wherever they occur, there shall be substituted the words "section 7(4) of the Finance Act (Northern Ireland) 1958".
§ (6) This Resolution shall apply to instruments executed on or after 8th July 1997, except where the instrument in question is executed in pursuance of a contract made on or before 2nd July 1997.
§ And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of section 50 of the Finance Act 1973.
§ The House divided: Ayes 367, Noes 147.
743| Division No. 47] | [11.11 pm |
| AYES | |
| Abbott, Ms Diane | Burgon, Colin |
| Adams, Mrs Irene (Paisley N) | Burnett, John |
| Ainger, Nick | Burstow, Paul |
| Ainsworth, Robert (Cov'try NE) | Butler, Christine |
| Allan, Richard (Shef'ld Hallam) | Byers, Stephen |
| Anderson, Janet (Rossendale) | Caborn, Richard |
| Armstrong, Ms Hilary | Campbell, Mrs Anne (C'bridge) |
| Ashton, Joe | Campbell, Menzies (NE Fife) |
| Atherton, Ms Candy | Campbell, Ronnie (Blyth V) |
| Atkins, Charlotte | Campbell-Savours, Dale |
| Austin, John | Cann, Jamie |
| Baker, Norman | Caplin, Ivor |
| Ballard, Mrs Jackie | Casale, Roger |
| Banks, Tony | Cawsey, Ian |
| Barnes, Harry | Chapman, Ben (Wirral S) |
| Barron, Kevin | Chidgey, David |
| Bayley, Hugh | Clapham, Michael |
| Beard, Nigel | Clark, Rt Hon Dr David (S Shields) |
| Beckett, Rt Hon Mrs Margaret | Clark, Dr Lynda (Edinburgh Pentlands) |
| Begg, Miss Anne (Aberd'n S) | |
| Beith, Rt Hon A J | Clark, Paul (Gillingham) |
| Bermingham, Gerald | Clarke, Charles (Norwich S) |
| Berry, Roger | Clarke, Eric (Midlothian) |
| Best, Harold | Clarke, Rt Hon Tom (Coatbridge) |
| Betts, Clive | Clarke, Tony (Northampton S) |
| Blackman, Liz | Clelland, David |
| Blears, Ms Hazel | Coaker, Vernon |
| Blizzard, Bob | Coffey, Ms Ann |
| Borrow, David | Colman, Tony (Putney) |
| Bradley, Keith (Withington) | Connarty, Michael |
| Bradley, Peter (The Wrekin) | Cooper, Yvette |
| Bradshaw, Ben | Corbett, Robin |
| Brake, Thomas | Corbyn, Jeremy |
| Brand, Dr Peter | Corston, Ms Jean |
| Breed, Colin | Cotter, Brian |
| Brinton, Mrs Helen | Cousins, Jim |
| Brown, Rt Hon Gordon (Dunfermline E) | Cranston, Ross |
| Crausby, David | |
| Brown, Rt Hon Nick (Newcastle E) | Cryer, Mrs Ann (Keighley) |
| Brown, Russell (Dumfries) | Cryer, John (Hornchurch) |
| Browne, Desmond (Kilmarnock) | Cummings, John |
| Bruce, Malcolm (Gordon) | Cunliffe, Lawrence |
| Burden, Richard | Cunningham, Jim (Cov'try S) |
| Cunningham, Rt Hon Dr John (Copeland) | Hopkins, Kelvin |
| Howarth, Alan (Newport E) | |
| Curtis-Thomas, Mrs Claire | Howarth, George (Knowsley N) |
| Dalyell, Tam | Howells, Dr Kim |
| Darling, Rt Hon Alistair | Hoyle, Lindsay |
| Darvill, Keith | Hughes, Ms Beverley (Stretford) |
| Davey, Edward (Kingston) | Hughes, Kevin (Doncaster N) |
| Davey, Valerie (Bristol W) | Hughes, Simon (Southwark N) |
| Davidson, Ian | Humble, Mrs Joan |
| Davies, Rt Hon Denzil (Llanelli) | Hurst, Alan |
| Davies, Geraint (Croydon C) | Hutton, John |
| Dawson, Hilton | Iddon, Dr Brian |
| Dean, Mrs Janet | Illsley, Eric |
| Denham, John | Jackson, Ms Glenda (Hampstead) |
| Dismore, Andrew | Jackson, Helen (Hillsborough) |
| Dobson, Rt Hon Frank | Jamieson, David |
| Donohoe, Brian H | Jenkins, Brian (Tamworth) |
| Doran, Frank | Johnson, Miss Melanie (Welwyn Hatfield) |
| Drew, David | |
| Eagle, Angela (Wallasey) | Jones, Ms Fiona (Newark) |
| Edwards, Huw | Jones, Jon Owen (Cardiff C) |
| Efford, Clive | Jones, Dr Lynne (Selly Oak) |
| Ellman, Ms Louise | Jones, Martyn (Clwyd S) |
| Ennis, Jeff | Jones, Nigel (Cheltenham) |
| Etherington, Bill | Jowell, Ms Tessa |
| Ewing, Mrs Margaret | Keeble, Ms Sally |
| Fatchett, Derek | Keen, Alan (Feltham & Heston) |
| Fearn, Ronnie | Keen, Mrs Ann (Brentford) |
| Field, Rt Hon Frank | Kemp, Fraser |
| Fisher, Mark | Kennedy, Charles (Ross Skye) |
| Fitzpatrick, Jim | Kennedy, Jane (Wavertree) |
| Flint, Caroline | Khabra, Piara S |
| Flynn, Paul | Kidney, David |
| Follett, Barbara | Kilfoyle, Peter |
| Foster, Rt Hon Derek | King, Andy (Rugby & Kenilworth) |
| Foster, Don (Bath) | King, Ms Oona (Bethnal Green) |
| Foster, Michael John (Worcester) | Kirkwood, Archy |
| Foulkes, George | Kumar, Dr Ashok |
| Fyfe, Maria | Ladyman, Dr Stephen |
| Galloway, George | Lawrence, Ms Jackie |
| Gardiner, Barry | Laxton, Bob |
| George, Andrew (St Ives) | Lepper, David |
| Gerrard, Neil | Levitt, Tom |
| Gibson, Dr Ian | Lewis, Ivan (Bury S) |
| Godman, Dr Norman A | Lewis, Terry (Worsley) |
| Godsiff, Roger | Liddell, Mrs Helen |
| Goggins, Paul | Linton, Martin |
| Golding, Mrs Llin | Livingstone, Ken |
| Gordon, Mrs Eileen | Livsey, Richard |
| Gorrie, Donald | Lloyd, Tony (Manchester C) |
| Grant, Bernie | Llwyd, Elfyn |
| Griffiths, Jane (Reading E) | Love, Andrew |
| Grocott, Bruce | McAvoy, Thomas |
| Grogan, John | McCabe, Stephen |
| Gunnell, John | McCafferty, Ms Chris |
| Hall, Mike (Weaver Vale) | McCartney, Ian (Makerfield) |
| Hall, Patrick (Bedford) | McDonagh, Siobhain |
| Hancock, Mike | McDonnell, John |
| Hanson, David | McFall, John |
| Harman, Rt Hon Ms Harriet | McGuire, Mrs Anne |
| Harris, Dr Evan | McKenna, Ms Rosemary |
| Harvey, Nick | McNulty, Tony |
| Heal, Mrs Sylvia | Mactaggart, Fiona |
| Healey, John | McWalter, Tony |
| Henderson, Doug (Newcastle N) | McWilliam, John |
| Henderson, Ivan (Harwich) | Mahon, Mrs Alice |
| Hepburn, Stephen | Mallaber, Judy |
| Heppell, John | Marek, Dr John |
| Hesford, Stephen | Marsden, Paul (Shrewsbury) |
| Hewitt, Ms Patricia | Marshall, David (Shettleston) |
| Hill, Keith | Marshall, Jim (Leicester S) |
| Hodge, Ms Margaret | Marshall-Andrews, Robert |
| Home Robertson, John | Martlew, Eric |
| Hood, Jimmy | Maxton, John |
| Hoon, Geoffrey | Meacher, Rt Hon Michael |
| Hope, Phil | Merron, Gillian |
| Michael, Alun | Singh, Marsha |
| Michie, Bill (Shef'ld Heeley) | Skinner, Dennis |
| Michie, Mrs Ray (Argyll & Bute) | Smith, Rt Hon Andrew (Oxford E) |
| Milburn, Alan | Smith, Angela (Basildon) |
| Mitchell, Austin | Smith, Rt Hon Chris (Islington S) |
| Moffatt, Laura | Smith, Miss Geraldine (Morecambe & Lunesdale) |
| Moore, Michael | |
| Morgan, Ms Julie (Cardiff N) | Smith, Jacqui (Redditch) |
| Morgan, Rhodri (Cardiff W) | Smith, John (Glamorgan) |
| Morris, Ms Estelle (B'ham Yardley) | Smith, Llew (Blaenau Gwent) |
| Morris, Rt Hon John (Aberavon) | Smith, Sir Robert (W Ab'd'ns) |
| Mountford, Kali | Soley, Clive |
| Mudie, George | Southworth, Ms Helen |
| Mullin, Chris | Spellar, John |
| Murphy, Denis (Wansbeck) | Squire, Ms Rachel |
| Murphy, Jim (Eastwood) | Starkey, Dr Phyllis |
| Naysmith, Dr Doug | Steinberg, Gerry |
| Norris, Dan | Stevenson, George |
| Oaten, Mark | Stewart, David (Inverness E) |
| O'Brien, Bill (Normanton) | Stewart, Ian (Eccles) |
| O'Brien, Mike (N Warks) | Stinchcombe, Paul |
| O'Hara, Edward | Stoate, Dr Howard |
| Olner, Bill | Straw, Rt Hon Jack |
| O'Neill, Martin | Stringer, Graham |
| Öpik, Lembit | Stuart, Ms Gisela (Edgbaston) |
| Organ, Mrs Diana | Stunell, Andrew |
| Osborne, Mrs Sandra | Sutcliffe, Gerry |
| Pearson, Ian | Swinney, John |
| Pendry, Tom | Taylor, Rt Hon Mrs Ann (Dewsbury) |
| Pickthall, Colin | |
| Pike, Peter L | Taylor, David (NW Leics) |
| Plaskit, James | Taylor, Matthew (Truro) |
| Pollard, Kerry | Thomas, Gareth R (Harrow W) |
| Pond, Chris | Timms, Stephen |
| Pope, Greg | Tipping, Paddy |
| Pound, Stephen | Todd, Mark |
| Prentice, Ms Bridget (Lewisham E) | Touhig, Don |
| Prentice, Gordon (Pendle) | Trickett, Jon |
| Prescott, Rt Hon John | Turner, Dennis (Wolverh'ton SE) |
| Primarolo, Dawn | Turner, Dr George (NW Norfolk) |
| Prosser, Gwyn | Twigg, Derek (Halton) |
| Purchase, Ken | Twigg, Stephen (Enfield) |
| Quin, Ms Joyce | Vaz, Keith |
| Radice, Giles | Vis, Dr Rudi |
| Rammell, Bill | Wallace, James |
| Rapson, Syd | Walley, Ms Joan |
| Raynsford, Nick | Watts, David |
| Reid, Dr John (Hamilton N) | Welsh, Andrew |
| Rendel, David | White, Brian |
| Robinson, Geoffrey (Cov'try NW) | Whitehead, Dr Alan |
| Roche, Mrs Barbara | Wicks, Malcolm |
| Rogers, Allan | Wigley, Dafydd |
| Rooney, Terry | Williams, Rt Hon Alan (Swansea W) |
| Ross, Ernie (Dundee W) | |
| Rowlands, Ted | Williams, Alan W (E Carmarthen) |
| Roy, Frank | Williams, Mrs Betty (Conwy) |
| Ruane, Chris | Wills, Michael |
| Ruddock, Ms Joan | Winnick, David |
| Russell, Bob (Colchester) | Winterton, Ms Rosie (Doncaster C) |
| Ryan, Ms Joan | Wood, Mike |
| Salmond, Alex | Woolas, Phil |
| Salter, Martin | Worthington, Tony |
| Sanders, Adrian | Wray, James |
| Savidge, Malcolm | Wright, Dr Tony (Cannock) |
| Sawford, Phil | Wright, Tony D (Gt Yarmouth) |
| Sedgemore, Brian | Wyatt, Derek |
| Sheerman, Barry | |
| Sheldon, Rt Hon Robert | Tellers for the Ayes: |
| Shipley, Ms Debra | Mr. Jim Dowd and |
| Simpson, Alan (Nottingham S) | Mr. Graham Allen. |
| NOES | |
| Ainsworth, Peter (E Surrey) | Atkinson, David (Bour'mth E) |
| Amess, David | Atkinson, Peter (Hexham) |
| Ancram, Rt Hon Michael | Baldry, Tony |
| Arbuthnot, James | Bercow, John |
| Beresford, Sir Paul | Lidington, David |
| Blunt, Crispin | Lilley, Rt Hon Peter |
| Body, Sir Richard | Lloyd, Rt Hon Sir Peter (Fareham) |
| Boswell, Tim | Loughton, Tim |
| Bottomley, Peter (Worthing W) | Luff, Peter |
| Bottomley, Rt Hon Mrs Virginia | Lyell, Rt Hon Sir Nicholas |
| Brady, Graham | MacGregor, Rt Hon John |
| Brazier, Julian | McIntosh, Miss Anne |
| Brooke, Rt Hon Peter | MacKay, Andrew |
| Browning, Mrs Angela | Maclean, Rt Hon David |
| Bruce, Ian (S Dorset) | McLoughlin, Patrick |
| Burns, Simon | Madel, Sir David |
| Butterfill, John | Malins, Humfrey |
| Cash, William | Maples, John |
| Chapman, Sir Sydney (Chipping Barnet) | Maude, Rt Hon Francis |
| Mawhinney, Rt Hon Dr Brian | |
| Chope, Christopher | May, Mrs Theresa |
| Clappison, James | Merchant, Piers |
| Clarke, Rt Hon Kenneth (Rushcliffe) | Moss, Malcolm |
| Nicholls, Patrick | |
| Clifton-Brown, Geoffrey | Norman, Archie |
| Collins, Tim | Ottaway, Richard |
| Cormack, Sir Patrick | Page, Richard |
| Cran, James | Paice, James |
| Curry, Rt Hon David | Paterson, Owen |
| Davis, Rt Hon David (Haltemprice) | Pickles, Eric |
| Davies, Quentin (Grantham) | Prior, David |
| Dorrell, Rt Hon Stephen | Redwood, Rt Hon John |
| Duncan, Alan | Robathan, Andrew |
| Duncan Smith, Iain | Robertson, Laurence (Tewk'b'ry) |
| Evans, Nigel | Roe, Mrs Marion (Broxbourne) |
| Faber, David | Rowe, Andrew (Faversham) |
| Fabricant, Michael | Ruffley, David |
| Fallon, Michael | St Aubyn, Nick |
| Flight, Howard | Sayeed, Jonathan |
| Forth, Rt Hon Eric | Shephard, Rt Hon Mrs Gillian |
| Fowler, Rt Hon Sir Norman | Shepherd, Richard (Aldridge) |
| Fox, Dr Liam | Simpson, Keith (Mid-Norfolk) |
| Fraser, Christopher | Soames, Nicholas |
| Gale, Roger | Spelman, Mrs Caroline |
| Garnier, Edward | Spicer, Sir Michael |
| Gibb, Nick | Spring, Richard |
| Gill, Christopher | Stanley, Rt Hon Sir John |
| Gillan, Mrs Cheryl | Steen, Anthony |
| Goodlad, Rt Hon Alastair | Streeter, Gary |
| Gorman, Mrs Teresa | Swayne, Desmond |
| Gray, James | Syms, Robert |
| Green, Damian | Tapsell, Sir Peter |
| Greenway, John | Taylor, Ian (Esher & Walton) |
| Grieve, Dominic | Taylor, John M (Solihull) |
| Gummer, Rt Hon John | Temple-Morris, Peter |
| Hague, Rt Hon William | Townend, John |
| Hamilton, Rt Hon Sir Archie | Tredinnick, David |
| Hammond, Philip | Trend, Michael |
| Hawkins, Nick | Tyrie, Andrew |
| Hayes, John | Viggers, Peter |
| Heathcoat-Amory, Rt Hon David | Walter, Robert |
| Horam, John | Wardle, Charles |
| Howard, Rt Hon Michael | Waterson, Nigel |
| Howarth, Gerald (Aldershot) | Wells, Bowen |
| Hunter, Andrew | Whitney, Sir Raymond |
| Widdecombe, Rt Hon Miss Ann | |
| Jack, Rt Hon Michael | Willetts, David |
| Jackson, Robert (Wantage) | Wilshire, David |
| Jenkin, Bernard (N Essex) | Winterton, Mrs Ann (Congleton) |
| Key, Robert | Winterton, Nicholas (Macclesfield) |
| King, Rt Hon Tom (Bridgwater) | Woodward, Shaun |
| Kirkbride, Miss Julie | Yeo, Tim |
| Laing, Mrs Eleanor | Young, Rt Hon Sir George |
| Lansley, Andrew | |
| Leigh, Edward | Tellers for the Noes: |
| Letwin, Oliver | Mr. Oliver Heald and |
| Lewis, Dr Julian (New Forest E) | Mr. John Whittingdale. |
§ Question accordingly agreed to.