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31 Corporation Tax (Authorised Unit Trusts And Investment Trusts)

Volume 890: debated on Monday 21 April 1975

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Motion made, and Question,

That the fraction by which, under section 93(2) of the Finance Act 1972, chargeable gains are to be reduced before they are for the purposes of corporation tax included in the profits of an authorised unit trust or investment trust shall as from 1st April 1974 be seventy-one one-hundred-and-fourths.—[Mr.Healey.]

put forthwith pursuant to Standing Order No. 94 (Ways and Means motions), and agreed to.