Part of Finance Bill – in a Public Bill Committee am 12:00 pm ar 13 Mehefin 2013.
Andy McDonald
Llafur, Middlesbrough
12:00,
13 Mehefin 2013
Does my hon. Friend agree that there is simplicity in looking at property and saying that tax can be applied to it, rather than going down the convoluted route of company structures that can hide and obfuscate the true reality of ownership? Does not property present us with a better opportunity to deal with things more efficiently and straightforwardly?
A parliamentary bill is divided into sections called clauses.
Printed in the margin next to each clause is a brief explanatory `side-note' giving details of what the effect of the clause will be.
During the committee stage of a bill, MPs examine these clauses in detail and may introduce new clauses of their own or table amendments to the existing clauses.
When a bill becomes an Act of Parliament, clauses become known as sections.
