§ Mr. Kinseyasked the Chancellor of the Exchequer how many representations has he received on the workings of Section 451 of the Taxes Act, 1970, referring in particular to the way the repayments of loans are affecting employment, by restricting those wishing to establish new companies from their own resources.
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§ Mr. Patrick JenkinI have received a number of representations about this Section, and I am reviewing it as part of a general review of anti-avoidance legislation.