§ SIR FREDERICK BANBURY (Camberwell, Peckham)
To ask Mr. Chancellor of the Exchequer whether, under Sub-section 3 of Section 24 of the Customs and Inland Revenue Act, 1888, Income Tax on debentures or debenture stocks should be deducted at the rate of Income Tax in force at the time of payment of the interest.
(Answered by Mr. Ritchie.) Yes.