With this it will be convenient to discuss the following:
Amendment 174, page 167, line 40, leave out clause 82.
Government amendments 149 to 151.
Amendment 175, in schedule 14, page 481, line 36, at end insert—
‘(12) Section 169Z makes provision about the expiration of this Chapter.”
Amendment 176, page 499, line 15, at end insert—
“169VZ Expiration of Chapter 5 provisions
(1) The provisions of this Chapter shall remain in force until six years after their commencement and shall then expire, unless continued in force by an order under subsection (2).
(2) The Secretary of State may by order made by statutory instrument provide—
(a) that all or any of those provisions which are in force shall continue in force for a period not exceeding 12 months from the coming into operation of the order; or
(b) that all or any of those provisions which are for the time being in force shall cease to be in force.
(3) No order shall be made under subsection (2) unless—
(a) a draft of the order has been laid before and approved by a resolution of both Houses of Parliament,
(b) the Secretary of State has commissioned a review of the operation of Investor’s Relief and laid the report of the review before both Houses of Parliament.”