Finance (No. 2) Act 1931
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
22 Provisions in cases where Treasury has power to borrow money.
(1) Any securities issued by the Treasury under any Act may be issued with the condition that— (a) so long as the securities are in the beneficial ownership of persons who are not ... resident in the United Kingdom, the interest thereon shall be exempt from income tax: and (b) so long as the securities are in the beneficial ownership of persons who are not ... resident in the United Kingdom, neither the capital thereof nor the interest thereon shall be liable to any taxation present or future. (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22 Provisions in cases where Treasury has power to borrow money.
(1) Any securities issued by the Treasury under any Act may be issued with the condition that— (a) so long as the securities are in the beneficial ownership of persons who are not ... resident in the United Kingdom, the interest thereon shall be exempt from income tax: and (b) so long as the securities are in the beneficial ownership of persons who are not ... resident in the United Kingdom, neither the capital thereof nor the interest thereon shall be liable to any taxation present or future. (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.