Oral Answers to Questions — Bankers' Industrial Development Company.

– in the House of Commons on 21st November 1939.

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Photo of Mr Denis Pritt Mr Denis Pritt , Hammersmith North

asked the Chancellor of the Exchequer why the ad valorem stamp duty of £60,000 on the incorporation of the Bankers' Industrial Development Company was never paid, or if paid, was thereafter refunded?

Photo of Mr John Simon Mr John Simon , Spen Valley

I would refer the hon. and learned Member to the provisions of Section 45 of the Finance Act, 1930.