Motion made, and Question,
(1) section 7 of the Taxes Act (persons over 65 with small incomes) shall cease to have effect and—
(a) the following shall be inserted after subsection (1) of section 8 of that Act—
"(1A) Subject to subsection (1B) below, subsection (1) above shall have effect—
(1B) Where the claimant's total income for the year of assessment exceeds £3,000, subsection (1A) above shall not apply except in a case where the deduction to be allowed under subsection (1) above will be increased by virtue of this subsection; and in such a case shall apply as if the sums mentioned in it were reduced by two-thirds of the excess of that total income over £3,000."; and
(b) for the references to section 7 of that Act in section 34(3) of. and paragraph 3(3) of Schedule 4 to, the Finance Act 1971 there shall be substituted references to section 8(1B) and section 8(1A) respectively;
(2) in section 8 of the Taxes Act (married and single relief—
(3) in section 14 of the Taxes Act (additional relief for widows and others in respect of children) for the references to £180 there shall be substituted references to £280; and
(4) in section 18 of the Taxes Act (relief for blind persons)—
but nothing in paragraph (2) or (3) of this Resolution shall require any change to he made in the amounts deductible or repayable under section 204 of the Taxes Act (pay as you earn) before 15th June 1975.
In this Resolution "the Taxes Act" means the Income and Corporation Taxes Act 1970.
And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provi-
sions of the Provisional Collection of Taxes Act 1968.—[ Mr.Healey.]
put forthwith pursuant to Standing Order No. 94 (Ways and Means motions), and agreed to.