Clause 33. — (Increase of Investmeni Allowances.)

Part of Orders of the Day — Finance Bill – in the House of Commons at 12:00 am on 21st May 1963.

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Photo of Mr Bruce Millan Mr Bruce Millan , Glasgow Craigton 12:00 am, 21st May 1963

Of course, sums payable in, say, the last few months from November for expenditure contracted for long before 5th November, and coming under this Clause, may be all right, but can it really be claimed that the Clause has provided a stimulus to investment in these cases when it comes to paying money for investment already incurred even before 5th November, if that is what the Clause means?