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Select Committee on Finance and General Affairs debate -
Wednesday, 24 Apr 1996

SECTION 42.

Chairman

Amendments Nos. 53 to 58, inclusive, are related to amendment No. 52. It is proposed to take amendments Nos. 52 to 58, inclusive, together. Is that agreed? Agreed.

I move amendment No. 52:

In page 71, line 5, after "has been paid" to insert "or a distribution has been made".

They are basically technical amendments.

Amendment agreed to.

I move amendment No. 53:

In page 71, line 9, after "so paid" to insert "or the distribution so made,".

Amendment agreed to.

I move amendment No. 54:

In page 71, line 9, after "has been paid" to insert "or made, as the case may be,".

Amendment agreed to.

I move amendment No. 55:

In page 71, line 13, after "the dividend paid" to insert "or the amount or value of the distribution made".

Amendment agreed to.

I move amendment No. 56:

In page 71, line 14, after "it is paid" to insert "or made, as the case may be,".

Amendment agreed to.

I move amendment No. 57:

In page 71, line 21, to delete "group.'." and substitute "group:".

Amendment agreed to.

I move amendment No. 58:

In page 71, between lines 21 and 22, to insert the following:

"Provided that paragraph (b) shall not apply to a distribution other than a dividend where a company ceases to be a member of a group of companies before the 23rd day of April, 1996.'.".

Amendment agreed to.
Section 42, as amended, agreed to.
Sections 43 and 44 agreed to.
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