First Schedule. — (Amendments relating to the principal Act generally.)

Part of Orders of the Day — War Damage (Amendment) Bill. – in the House of Commons on 18th June 1942.

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Photo of Mr Frederick Bellenger Mr Frederick Bellenger , Bassetlaw

The Financial Secretary's answer was not quite watertight. I can follow the argument that, where the value payment is based upon the value in March, 1939, then, in a rough and ready scheme, it is only equitable to take the Schedule A basis of September, 1939. Mention was made by the Mover of the Amendment of up-revision. I gather from the reply that there is no upward revision of Schedule A assessments, on which War Damage Contribution can be based, but that all War Damage Contribution is based on the Schedule A assessment of September, 1939. Does the Financial Secretary mean that?