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Clauses 14 10 18—(Retirement And Other Benefits For Directors And Employees)

Volume 440: debated on Wednesday 16 July 1947

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I beg to move, in page 10, line 13, to leave out Clauses 14 to 18.

This Amendment is consequential upon the moving of the new Clauses dealing with directors' pensions, and so on. These were the Clauses which, in the Bill as it was first produced, dealt with this matter, and they are now sought to be left out because the new Clauses have been substituted.

I think it ought to be recorded, in view of the omission of these Clauses, that in a Finance Bill it is very rare for such a large portion to be taken out. This must, therefore, be one of the most carelessly drafted Finance Bills we have had for a very long time.

Amendment agreed to.