§ MR. SEARSI beg to ask Mr. Chancellor of the Exchequer whether the Board of Inland Revenue has power to recover, by surcharge or other means, estate duty which has been either omitted from any affidavit or under-estimated wilfully or otherwise; and will he state whether the authority is controlled by the Statute of Limitations and restricted to three years, or extends beyond that period.
§ MR. MCKENNAThe Answer to the first part of the Question is in the affirmative. The power of the Board of Inland Revenue in the matter referred to is not limited as to time, or controlled by the Statute of Limitations. The power may, however, be terminated by the issue of a certificate under Section II. of the Finance Act, 1894.