§ (1.) Simple interest at the rate of three per cent. per annum without deduction for income tax shall be payable upon all estate duty from the date of the death of the deceased, or, where the duty is payable by instalments, from the date at which the first instalment becomes due, and shall be recoverable in the same manner as if it were part of the duty.
§ (2.) The foregoing provision shall apply to the interest on all death duties as defined by section thirteen of the principal Act in like manner as if it were herein re-enacted and made applicable to those duties.
§ (3.) The Commissioners of Inland Revenue may remit the interest on any of such death duties where the amount appears to them to be so small as not to repay the expense and trouble of calculation and account.
§ *THE CHANCELLOR OF THE EXCHEQUER moved, in Sub-section (1), after the word "instalments," to insert the words "or becomes due at any later-date than six months after the death."
§ Amendment agreed to.
§ *THE CHANCELLOR OF THE EXCHEQUER moved, in the same subsection, before the word "becomes," to insert the words "or the duty."
§ Amendment agreed to.
§ Clause 20,—