division_name: Budget Resolutions and Economic Situation
motion: <p pid=".278.1/1" pwmotiontext="yes">Question accordingly agreed to.</p>
  
  <p class="indent" pid=".278.1/2" pwmotiontext="yes">42. Petroleum extraction activities (companies carrying on ring fence trades)</p>
  
  <p class="indentitalic" pid=".278.1/3" pwmotiontext="yes">Motion made, and Question put,</p>
  
  <p class="indent" pid=".278.1/4" pwmotiontext="yes">That provision may be made in relation to companies carrying on ring fence trades, as defined in section 502(1) of the Income and Corporation Taxes Act 1988.</p>
  
  <p class="indent" pid=".278.1/5" pwmotiontext="yes">As an Amendment to Mr Chancellor of the Exchequer's proposed Motion (Petroleum extraction activities (companies carrying on ring fence trades)):</p>
  
  <p class="indent" pid=".278.1/6" pwmotiontext="yes">Mr Alex Salmond</p>
  
  <p class="indent" pid=".278.1/7" pwmotiontext="yes">Mr Elfyn Llwyd</p>
  
  <p class="indent" pid=".278.1/8" pwmotiontext="yes">Line 2, at end add 'That any such provision shall not have effect until a full economic assessment has been conducted about the impact of any changes to current and future employment and exploration related to North Sea activities.'.</p>
  
  <p pid=".278.1/9" pwmotiontext="yes"><i>The House divided:</i> Ayes 319, Noes 209.</p>