New Clause. — (Repeal of s. 36 of 8 and 9 Geo. V, c. 15.)

Part of Orders of the Day — Finance Bill. – in the House of Commons on 8th July 1924.

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Photo of Mr Dennis Herbert Mr Dennis Herbert , Watford

My Amendment was particularly drawn in such a way as to meet the point raised. It is not to exceed such part of the income of the company as, for the purpose of that Section, shall be a reasonable part, and what is to be a reasonable part for the purpose of that Section is the very point which, under the Section as it at present stands, the Commissioners have to decide.