§ Order for Committee read.
§ House in Committee.
§ (In the Committee.)
THE ATTORNEY GENERALsaid, he had to move the following Resolution:—
That, in addition to the ordinary Stamp Duty, there shall be charged an ad valorem Stamp Duty of seven shillings upon every hundred pounds of property comprised in every Trust or other Deed or Instrument required to be registered by any Act of the present Session for amending the Law relating to Bankruptcy and Insolvency in England.The object of the Resolution was to fix maximum of duty; but its precise amount would be open to discussion when the clause was brought up to be added to the Bill.
§ MR. CRAWFORDsaid, he objected to the amount being 7s. as excessive, and he would propose that 5s. should be substituted for 7s.
§ SIR HUGH CAIRNSsaid, he must remind the hon. Member that 7s. was not the minimum but the maximum amount.
§ MR. CRAWFORDsaid, he would withdraw his Amendment.
§
Resolved,
That, in addition to the ordinary Stamp Duty, there shall be charged an ad valorem Stamp Duty of seven shillings upon every hundred pounds of property comprised in every Trust or other Deed or Instrument required to be registered by any Act of the present Session for amending the Law relating to Bankruptcy and Insolvency in England.
§ House resumed.
§ Resolution to be reported To-morrow at half-past four of the clock.