Proceeding contribution from Lord Henley (Conservative) in the House of Lords on Wednesday, 25 April 2012. It occurred during Debate on bill and Second Reading Committee proceeding on Trusts (Capital and Income) Bill [HL].
Trusts (Capital and Income) Bill [HL]
My Lords, I had better look at the letter more carefully myself in due course and write to my noble friend to deal with that point. My noble friend Lord Wakeham talked about the possibility of delays of the sort one finds in law, which no doubt provided the noble Lord, Lord Beecham, with his opportunity to bring in Jarndyce v Jarndyce. I hope that there will not be undue delay in dealing with this, but I can certainly give him an assurance that there will not be the gap that he was talking about. We will continue with the old system until we have the new system. Lastly, I will correct a point that I made earlier, when I said that this was a Law Commission Bill. I must make it clear that it is actually a government Bill. However, the Government recognise that it is uncontroversial and that it has been put forward by the Law Commission; it can therefore continue through Parliament under this special procedure, which I think is appropriate for Bills of this sort. I hope that I have dealt with most of the points. I will look carefully at what I have said in due course and if necessary write to noble Lords to deal with any points that I have missed. I commend the Bill to the Committee. Motion agreed.
Secondary information
- Type
- Proceeding contribution
- Reference
- 736 c306GC
- Session
- 2010-12
- Chamber / Committee
- House of Lords Grand Committee
- Subjects
- Charities Capital gains tax Charity Commission Capital Cathedrals Investment Exemptions Gifts and endowments Investment income Income Taxation Trusts Religious buildings
- Legislation
- Trusts (Capital and Income) Bill (HL) 2010-12 to 2012-13
- Link
- View this Proceeding contribution on www.publications.parliament.uk
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