§ Mr. Leeasked the Chancellor of the Exchequer if he will provide guidance to the Bank of England so that it may more effectively monitor the activities of certain secondary banks in relation to their tax avoidance promotion activities.
§ Mr. Denzil DaviesNo. The policing of tax law is a matter for the Inland Revenue, which carries out any necessary consultations, subject to the rules of confidentiality.
§ Mr. Cryerasked the Chancellor of the Exchequer if he is aware that comer- 520W cial organisations are actively promoting tax havens such as the Channel Islands; and if he will disallow claims for tax allowances on the fees for conferences on such matters.
§ Mr. Robert SheldonI will let my hon. Friend have a reply as soon as possible.