Clause 19. — (Interest Payable Abroad to Be Deductible in Computing Profits in Certain Cases.)

Part of Orders of the Day — Finance Bill – in the House of Commons at 12:00 am on 23 June 1949.

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Photo of Mr Selwyn Lloyd Mr Selwyn Lloyd , Wirral 12:00, 23 June 1949

I do not propose to develop the argument further tonight, or to ask my hon. and right hon. Friends to divide on this matter, but I hope it will be given some reconsideration. It is a small point, but one on which we are clearly quite right.