Queen’s recommendation signified.
Resolved,
That, for the purposes of any Act of the present Session relating to finance, it is expedient to authorise—
(a) the payment out of money provided by Parliament of sums payable by the Secretary of State by virtue of any provisions of the Act relating to vehicle excise and registration,
(b) the deduction from money received for or on account of value added tax of sums required by the Commissioners for Her Majesty’s Revenue and Customs for making payments pursuant to Article 46 of Council Regulation (EU) No 904/2010,
(c) the payment out of money provided by Parliament of any increase in the expenditure of the National Audit Office under the Budget Responsibility and National Audit Act 2011, and
(d) any increase in the sums payable out of or into the National Loans Fund which is attributable to increasing to £85 billion, with power to increase by order to £95billion, the limit imposed by section 4 of the National Loans Act 1968 in relation to loans made by the Public Works Loan Commissioners in pursuance of section 3 of that Act.
Ordered,
That a Bill be brought in upon the foregoing Resolutions;
That the Chairman of Ways and Means, the Prime Minister, the Deputy Prime Minister, Mr Chancellor of the Exchequer, Secretary Vince Cable, Secretary Iain Duncan Smith, Secretary Eric Pickles, Danny Alexander, Sajid Javid, Nicky Morgan and David Gauke bring in the Bill.
Finance Bill
Presentation and First Reading
Mr David Gauke accordingly presented a Bill to grant certain duties, to alter other duties and to amend the law relating to the National Debt and the Public Revenue, and to make further provision in connection with finance.
Bill read the First time; to be read a Second time tomorrow, and to be printed (Bill 190) with explanatory notes (Bill 190-EN).