Exemptions and Reliefs

Part of Clause 2 – in the House of Commons at 12:00 am on 3rd December 1968.

Alert me about debates like this

Photo of Mr Dick Taverne Mr Dick Taverne , Lincoln 12:00 am, 3rd December 1968

As we discussed earlier in the evening, the person who pays the deposit is not necessarily the importer, but in many cases he will be. The argument applies to the extent that every time a duty is raised, someone will have his bargain affected for the worse by the imposition of that duty in the course of the contract. No argument could ever then be raised that the increase in the tariff or whatever it might be, or the increase in interest rate, should not operate on goods in transit or a contract already concluded. Precisely the same arguments apply here.