I think the answer is yes. If it had kept its stock, it would be levied, as the noble Lord points out. If, after the Bill goes through, it decided to transfer stock, it would still be levied. That is my understanding of it.
Housing and Planning Bill
Proceeding contribution from
Baroness Williams of Trafford
(Conservative)
in the House of Lords on Thursday, 10 March 2016.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Housing and Planning Bill.
Type
Proceeding contribution
Reference
769 c1483
Session
2015-16
Chamber / Committee
House of Lords chamber
Librarians' tools
Timestamp
2016-04-13 16:37:29 +0100
URI
http://hansard.intranet.data.parliament.uk/Lords/2016-03-10/16031039000068
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