<p>Group 12: Power to Amend Period in which Returns Must Be Made (Amendment 3)</p>

Part of 11. 9. Debate: Stage 3 of the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Bill – in the Senedd at 5:05 pm on 28 March 2017.

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Photo of Mark Drakeford Mark Drakeford Labour 5:05, 28 March 2017

Diolch, Llywydd. Amendment 3—the only amendment in this group—inserts new paragraphs into section 52, which provides Welsh Ministers with a power to amend by regulations the period in which a return must be made. Section 52 already includes a power to amend other return periods, for example, in relation to further returns. This amendment adds to the provisions in Schedule 6 relating to return periods for leases. The aim of the amendment is to correct an omission to ensure that all the relevant return periods are captured, including return periods for leases. This will allow the Welsh Ministers to amend, if required in the future, the period in which all returns must be made, thus ensuring consistency of treatment for all returns. Given that this could alter the amount that an individual may have to pay in future, regulations made under this section will be subject to the affirmative procedure. I ask Members to support this amendment.