National Insurance Contributions Bill — Report — Amendment 2 — 7 Feb 2022 at 16:30
Moved by Baroness Kramer
2: Clause 2, page 2, line 26, at end insert-“(e) the freeport governance body of any freeport tax site in which the employer has business premises maintains a record of all the businesses operating, or applying to operate within the tax site and this record-(i) contains information, which the freeport governance body must make reasonable efforts to verify, about the beneficial owner of the business; and(ii) is easily accessible to relevant enforcement agencies and to the general public.”Member’s explanatory statementThis amendment adds an additional condition whereby the relief would only be available if the freeport maintained a public record of the beneficial ownership of businesses operating on the site.
Ayes 195, Noes 179.
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