division_name: Growth and Infrastructure Bill &#8212; <i>Report (3rd Day)</i>
motion: <p pid="a.594.6/1" pwmotiontext="unrecognized"><b><i>Clause 27 : Employee shareholders</i></b></p>
  
  <p class="italic" pid="a.594.6/2" pwmotiontext="unrecognized">Amendment 49C</p>
  
  <p class="italic" pid="a.594.6/3" pwmotiontext="unrecognized"> Moved by Lord Flight</p>
  
  <p pid="a.594.6/4" pwmotiontext="unrecognized"><b>49C:</b> Clause 27, page 35, line 28, at end insert-</p>
  
  <p pid="a.594.6/5" pwmotiontext="quot">"(12) Shares issued or alloted under subsection (1)(b) up to a value of &#163;25,000 will not be treated as a benefit for the purposes of the Income Tax (Earnings and Pensions) Act 2003."</p>