§ Mr. Trotter
asked the Chancellor of the Exchequer further to his answer of 8th June regarding the valuation for tax purposes of employees' concessionary 479W airline tickets, what basis of valuation he intends to apply in taking into account restrictions which are not applicable to the public.
§ Mr. Robert Sheldon,
pursuant to his reply [Official Report, 21st June 1976], gave the following information:
As I announced in the Standing Committee of the Finance Bill on 17th June, the Government propose to amend the Bill by deleting Clause 54(4), and the point raised by the hon. Member will therefore no longer arise.