§ Sir FREDERICK BANBURYasked the Chancellor of the Exchequer whether Clause 24 of the Finance Bill exempts from 357 duties, payable under Part I. of the Bill, trust or other lands belonging to local or rating authorities or held in trust for them not as such as corporate bodies, and either for statutory or other purposes; and, if not, whether he will at a later stage amend the Bill so as to secure such exemption?
§ Mr. HOBHOUSEIt is very difficult to give an answer to a purely hypothetical question of this sort, but my right hon. Friend will be glad to consider any particular cases which the hon. Baronet may care to bring to his notice.
§ Sir F. BANBURYHow does the right hon. Gentleman justify the statement that this is a hypothetical question? I ask whether or not land belonging to the City Corporation will be exempt under Clause 24?
§ Mr. HOBHOUSEThe hon. Baronet in his question does not refer to the City of London. He is now putting a specific case, and if he will put that question down on the Paper I will get an answer to it.