§ SIR H. MAXWELL (Wigton)I beg to ask the Chancellor of the Exchequer whether the effect of Clause 8 of the Finance Bill upon the operations of Industrial Assurance Companies has been calculated; whether under this clause it would become impossible for any such Company to pay any money in respect of a policy of assurance, however small, until the Commissioners have certified there is no Estate Duty recoverable; and whether he has realised the results upon the working classes of delaying the payments in respect of such policies, which are usually effected for funeral expenses?
§ SIR W. HARCOURTMy attention has been called to this matter. I shall be prepared to propose in Committee an alteration to meet the hon. Member's objection.