Enterprise Bill – in a Public Bill Committee am 10:30 am ar 14 Mai 2002.
As the Clerk will not allow me to adjourn the Committee to the Terrace, we shall continue with the clause stand part debate.
I can only regret that the Clerk has prevented your bid to adjourn to the Terrace on such a nice morning, Mr. Conway.
I confirm what the Minister for E-Commerce and Competitiveness, my hon. Friend the Member for Paisley, South (Mr. Alexander) has said; we estimate that the abolition of Crown preference will yield some £70 million a year for creditors, which will be very helpful to those creditors who would not have received any benefit from the previous arrangements.
I welcome the Under-Secretary back to the Committee. We are pleased to see her in rude good health this morning, although we will soon put a stop to that.
The proof of this particular pudding will be in the eating. If we discover, through our advice surgeries and mailbags, that small businesses are being harassed at a much earlier stage by the Revenue and by Customs and Excise in order to get around the excellent proposal of scrapping Crown preference, we may need to return to the subject. We have expressed our concerns on the issue and I have no more to say at this stage.
Question put and agreed to.
Clause 242 ordered to stand part of the Bill.