§ Section seven, Sub-section one, of the Finance Act 1894, shall be read and have effect as if after the words "for debts and incumbrances" there were inserted the words "as well as for all charges of the nature of an incumbrance created or arising bona fide before the 2nd August 1894 by whomsoever the same may have been created."
§ This was, he said, a very simple matter and he would like to hear the Chancellor of the Exchequer's opinion upon it.
§ *THE CHANCELLOR OF THE EXCHEQUERsaid this clause raised a very large and complicated question. The state of the law in regard to it was at present before the Courts and he could not agree to this alteration of the 1185 law, until the Courts had decided what the law was.
§ Clause, by leave, withdrawn.
§ MR. DISRAELI moved the following new clause:—