text_body: --- DIVISION TITLE ---
  
  Finance Bill - Clause 5 - Changing the Law on Taxation of Payments In Connection with Termination of Employment
  
  --- MOTION EFFECT ---
  
  @ MP voted aye to require an Act of Parliament, rather than just regulations, to amend an element of the law on the taxation of payments made in connection with the termination of employment.
  @ MP voted no to allow regulations, rather than an Act of Parliament, to be used to amend an element of the law on the taxation of payments made in connection with the termination of employment.
  
  The majority of MPs voted to allow regulations, rather than an Act of Parliament, to be used to amend an element of the law on the taxation of payments made in connection with the termination of employment.
  
  MPs were considering the Finance Bill[1]. 
  
  The amendment rejected in this vote was:
  
  :Amendment 1, page 12, leave out lines 8 to 12.
  
  The lines in question were proposed new additions to the [https://www.legislation.gov.uk/ukpga/2003/1/contents Income Tax (Earnings and Pensions) Act 2003] relating to taxation of payments made in connection with the termination of employment: 
  
  :(9)The Treasury may by regulations amend this section for the purpose of
  altering the meaning of âbasic payâ.
  :(10)A  statutory  instrument  containing  regulations  under  subsection  (9)may not be made unless a draft of it has been laid before, and approved by a resolution of, the House of Commons.
  
  
  The rejected amendment was accompanied by the following explanatory statement:
  
  :This amendment removes the power for the Treasury to amend the meaning of âbasic payâ for the purposes of calculating âpost-employment notice payâ by regulations.
  
  
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  * [1] [https://services.parliament.uk/bills/2017-19/finance.html Parliament's webpage on the Finance Bill 2017-19]
  
  
  --- COMMENTS AND NOTES ---
  
  (put thoughts and notes for other researchers here)
  