Deregulation and Contracting Out Act 1994

HC Deb 18 July 1995 vol 263 cc1045-6W

Mr. Clapham

To ask the First Secretary of State what mechanism is used to determine that no necessary protection is removed when considering changes in regulations by order under the Deregulation and Contracting Out Act 1994. [34571]

The Deputy Prime Minister

The responsible Minister must consider the implications of any proposed

bonds, so as to remove the retrospective element involved in changing the tax treatment of existing assets; [34254]

(3) how many representations he has received on his proposals to change the taxation of gilts and bonds; how many of these requested an extension of the consultation period for consideration of the aforementioned proposals; and if he will make a statement. [34255]

Mr. Jack

[holding answers 6 and 13 July 1995]: I refer to the answer given on 10 July by my right hon. and learned Friend the Chancellor of the Exchequer to the hon. Member for Southport (Mr. Banks), Official Report, columns 377–78.