HC Deb 07 July 1896 vol 42 cc987-8

The estate duty due in respect of any annuity or other definite annual sum, whether terminable or perpetual, may, at the option of the person delivering the account, he paid by four equal yearly instalments, the first of which shall be due at the end of twelve months from the date of the death, and after the end of those twelve months interest on the unpaid portion of the duty shall be added to each instalment and paid accordingly, but the duty for the time being unpaid, with interest to the date of payment, may be paid at any time.

*MR. GIBSON BOWLES moved to insert, after the words "or perpetual," the words "referred to in Section 2 (1) (d) or principal Act."

Amendment agreed to; Clause, as amended, ordered to stand part of the Bill.

Clause 16,—