§ Mr. HeddleTo ask the Chancellor of the Exchequer what assessments he has made on the impact of the imposition of value added tax on non-domestic construction of the viability of schemes entered into but not confirmed by binding building contracts before the date of publication of the judgment by the European Court on 21 June 1988.
§ Mr. LilleyI have given detailed consideration to this matter in the course of consultations with developers following the EC court ruling on the imposition of VAT on non-domestic construction. I propose to publish draft clauses shortly.