§ Mr. TrotterTo ask the Chancellor of the Exchequer when he anticipates that the law relating to capital gains tax, capital allowances and the management of the tax system will be consolidated.
§ Mr. Norman Lamont[holding answer 2 March 1989]: Consolidation of statute law is the responsibility of the Law Commission. One present plans, it is expected that a Bill consolidating the law on capital allowances will be ready for introduction early in the 1989/90 Session of Parliament. The Law Commission envisage that further work on consolidation of tax law will follow.