§ SIR R. PAGET (Somerset, Wells)I beg to ask the Chancellor of the Exchequer whether a cheque drawn upon the treasurer of a Friendly Society—whether a banker or not—and endorsed "not negotiable," is liable to be charged with Stamp Duty, or whether it would be properly exempted there from under the provisions of Section 15 of the Friendly Society's Act, 1875?
§ THE CHANCELLOR OF THE EXCHEQUER (Mr. GOSCHEN,) St. George's, Hanover SquareI may refer my hon. Friend to my answer of 21st March, when I gave the grounds upon which it is held that such a cheque is liable to be charged with Stamp Duty.
§ SIR R. PAGET"Will the right hon. Gentleman say whether in that answer he referred to a cheque not so marked—does it equally apply to the case in my question?
§ MR. GOSCHENI am informed that is so.